Flotek, the fast-growing South Wales-based IT Managed Service Provider, has secured substantial backing from Tower Leasing to fund its growth strategy, which includes an established pipeline of acquisitions set to complete by the end of the year.
Tower Leasing has already supported Flotek’s acquisition of legal and professional services specialist IT provider Gower Business Systems, which extended the company’s geographical reach and added £1.2m in revenue to the company.
Jay Ball, CEO of Flotek, said: “This backing from such a force as Tower Leasing is an endorsement of our business model and management team at Flotek, and a real boost to the buy and build growth strategy we’ve set out.”
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