Everything Tech Group has acquired Codus, a specialist in architectural IT solutions, expanding their service offerings.
- The acquisition is supported by a previously announced loan from NatWest, facilitating Everything Tech Group’s growth strategy.
- Codus, founded in 2008, is known for its tailored IT services for architecture and construction industries.
- This strategic move allows Codus to provide enhanced resources and expertise to its clients under Everything Tech Group.
- Both companies aim to ensure a smooth transition for clients and staff while expanding their capabilities.
Everything Tech Group, an expert in managed IT services, has announced its acquisition of Codus. The acquisition marks a significant step in enhancing its offerings, particularly for clients within the architecture and construction sectors. This development comes as part of a broader growth strategy supported by NatWest’s financial backing.
Codus, established by Lee Hunt in 2008, has developed a niche by catering to the technology needs unique to architectural practices. Their services focus on managing large design files, supporting hybrid working environments, and ensuring stringent security measures for architectural plans.
Lee Hunt highlighted the unique challenges faced by architects in adopting cloud solutions due to the size and nature of their design files. He emphasised the importance of tailored IT services in enabling firms to work securely and efficiently, free from traditional time constraints.
The partnership with Everything Tech Group is set to boost Codus’ service capabilities, allowing it to extend its reach across the UK. Both companies are committed to maintaining seamless operations for their existing clients while expanding their technological support.
Mark Allen, co-founder of Everything Tech Group, noted that Codus’ expertise in the architectural realm complements their current offerings. This acquisition aligns with their vision to deliver comprehensive IT solutions across the UK’s leading industries.
Tom Murray from NatWest expressed pride in supporting Everything Tech Group’s ambitious plans, reaffirming the bank’s commitment to facilitating business growth through targeted financing solutions. NatWest’s previous financial support has already enabled Everything Tech to complete multiple acquisitions, underpinning its rapid expansion.
Codus will continue to operate under its brand, benefiting from the expanded capabilities and resources of Everything Tech Group. The acquisition represents a strategic blending of expertise that is expected to deliver increased value to clients across the board.
This acquisition strategically positions both companies to enhance their service offerings across the UK.
