ITC Service, a top IT managed service provider in North East England, has secured £7 million from BGF.
- The investment will help ITC Service expand regionally through both organic growth and acquisitions.
- Founded in 2016, ITC Service supports over 400 SMEs with a variety of IT solutions.
- Co-founder Christopher Potts expresses excitement about future growth opportunities with BGF’s backing.
- BGF’s John Healey praises ITC Service’s commitment to exceptional client outcomes.
ITC Service, a prominent IT managed service provider based in Hebburn, North East England, has received a significant infusion of capital from BGF, amounting to £7 million. This funding is aimed at bolstering ITC’s expansion strategy, which involves both organic growth and strategic acquisitions to widen its reach across neighbouring regions.
Founded in 2016 by Christopher Potts and Peter Anderson, ITC Service has carved a niche in delivering critical outsourced IT services tailored to the needs of more than 400 small and medium-sized enterprises in the North East. Their comprehensive service portfolio includes managed IT support, cyber security, Microsoft 365 cloud services, voice and communication solutions, and digital transformation consulting.
Co-founder Christopher Potts expressed his enthusiasm for the potential growth opportunities brought about by this investment. He emphasised the company’s long-term success and the strong, valued client relationships they have built over the years. Potts highlighted the importance of having a committed investment partner like BGF, known for its long-term support of dynamic businesses in the region, to help realise ITC’s growth aspirations.
BGF Investor John Healey, who spearheaded the investment deal, acknowledged ITC Service’s impressive track record in the North East. Healey commended the company for its commitment to delivering outstanding client outcomes and its appetite for accelerated growth. According to Healey, ITC’s leading service offerings and client-focused approach strongly position the company to expand its influence in the regional market.
The £7 million investment from BGF strategically positions ITC Service for significant regional expansion, aligning with its growth and service ambitions.
