Kick scores ninth acquisition with C2 Software merger
The reseller is eyeing a 40 per cent revenue growth this year
Managed IT support and cloud services reseller, Kick ICT, has acquired Microsoft Dynamics business C2 Software.
Founded in 2015, the deal is Kick's ninth in eight years as the business continues to focus on expanding its service offerings to customers across the UK.
The deal, which is for an undisclosed sum, is designed to grow Kick's Dynamics division - with more product options, services, and support for both SMEs and large enterprises.
By acquiring a specialist in Microsoft Dynamics services, Kick is hoping to continue its expansion as an IT service provider in the UK.
C2 Software, founded by Finlay Carmichael, has been in business for over 25 years. Based in Dundee, C2 offers Dynamics-related products and services to customers all over the UK.
With the acquisition of C2 Software Limited, Kick said it will see run rate turnover increase to over £30m, and recurring revenues to £20.5m.
Kick now employs 170 staff and expects numbers to increase further.
In 2021 the company received an £8.7m investment from BGF, the UK and Ireland's most active investor, with the aim of encouraging Kick's strong upward trajectory, achieved through a mixture of organic growth and M&A activity.
As well as the investment, Geoff Neville was appointed Chairman following an introduction via the BGF Talent Network.
Tom O'Hara, CEO of Kick ICT, said: "Over the past year, Kick has seen tremendous growth, successfully integrating our 2021 and 2022 acquisitions.
"With C2 joining us, our Dynamics team is now stronger than ever and I'm looking forward to collaborating with Finlay, Kirk, and the wider team.
"We'd also like to extend a warm welcome to our new customers from C2."
Finlay Carmichael, director at C2, also said: "We are delighted to be joining the team at Kick and are looking forward to delivering innovative Microsoft Dynamics solutions to customers across the Group."