Smarter Capital has continued to support the growth of Bristol-based IT services provider, Refresh Support Ltd, following its equity investment in December 2022. Since then, Smarter Capital has helped drive organic growth and accelerate the business's development.
In October 2024, Refresh Support completed its first acquisition by securing the client base of Technick Solutions, a well-established IT provider in the region.
This acquisition marks a significant milestone for Refresh Support as it strengthens its local market position, expands its client base, and advances its strategy for sustainable, profitable growth.
Refresh IT is a Managed Services Provider (MSP) delivering a range of on-going IT services and support including Microsoft Office 365, Email, Cloud Services and Hosting, Data Backups and Cyber Security - invaluable 'must haves' for businesses.
Mark Burgess, Director of Refresh Support, commented on the acquisition:
'Refresh is excited to announce the acquisition of Technick Solutions, a family-run business that has been a trusted provider of technology solutions in the local community for 20 years.'
'This acquisition allows Refresh to strengthen its market position and offer a broader range of services to both existing and new clients.'
'We are committed to continuing the strong relationships Technick Solutions has built with its clients over the years while enhancing the support and technology services available to them.'
'We are focused on a smooth transition and are excited about the opportunities ahead. This strategic move positions Refresh for growth and strengthens our ability to deliver innovative, high-quality solutions to our customers.'
Martin Hargreaves, Chief Financial Officer for Smarter Capital, commented on the collaboration:
'Smarter Capital is pleased to have supported Refresh Support in the acquisition of Technick Solutions. The two companies share clear synergies, with a strong customer-focused ethos at the heart of their offerings.'
'We are confident that Technick Solutions' customers will be in safe hands with the experienced team at Refresh Support, and the transition to the new service platform will be seamless.'
'Following this successful acquisition, Refresh Support remains focused on accelerating its growth through further acquisitions, with plans to expand its presence both locally and across the UK.'
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