IT outsourcing company Fifosys increases turnover to £4m through acquisition of Octavia

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Fifosys has acquired Octavia Information Systems to create one of the largest IT Outsourcing businesses servicing the SME market in London.

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We have acquired a highly skilled technical team and a growing customer base to whom we can offer Cloud Computing solutions and services to complement Octavia’s existing service offerings.

The acquisition creates a company with revenues in excess of £4m and 50 highly qualified IT support professionals with skills encompassing Microsoft, Citrix, Asigra, VMWare, Juniper, Cisco, BlackBerry, Vodafone and more.

Fifosys, along with Octavia, will continue to provide our trademark high standards of consultancy, IT support, network infrastructure, cloud computing, data backup and recovery and mobile services.

With an increased knowledge base and skill set, our clients will benefit greatly from this deal whilst still receiving the same high levels of service they have come to expect from the respective companies. By combining the passion, creativity, and expertise of two leading-edge service providers, we will continue to drive innovations that help SMEs across the UK.

Mitesh Patel, the Managing Director and Owner of Fifosys said “This is a key part of our growth strategy. We have acquired a highly skilled technical team and a growing customer base to whom we can offer Cloud Computing solutions and services to complement Octavia’s existing service offerings. It provides us with greater critical mass to exploit new technologies and helps to strengthen our management team. It is such a great way to start 2011.”

Giles Sirett, Chief Executive of Octavia commented “I am really pleased with the acquisition and truly believe it will provide positive benefits to all of our customers and to my team. Fifosys has invested heavily in infrastructure and services to offer Cloud Computing, IT Outsourcing and the Fifosys Online Back-up service. I am really looking forward to introducing these new capabilities to Octavia customers. I see it as a very positive step for us all.”

For more information on Fifosys see http://www.fifosys.com

About Fifosys
Based in London, Fifosys is a vendor-independent provider of technology infrastructure development and outsourced managed services, supporting key clients across sectors including financial and professional services, medical industries, the media and property development and management.

Fifosys specialises in providing SMEs and mid-market companies with the highest-quality, professional IT support and outsourcing services. With a best practice approach based on recognised, transferable methodologies including ITIL and Prince 2, Fifosys has built a reputation as a trusted partner with a track record of success predicated on expert domain and business knowledge and customer service. IT support is not just about the technology, it’s about the people who deliver it. Fifosys aim, from Director to Technician, to ensure that IT makes your business more efficient and more effective

Fifosys is ISO9001 registered, a Microsoft Gold Certified Partner, Asigra Hybrid Partner, Google Enterprise Partner, Dell Partner, part of the Citrix Partner Network, Zen Internet Platinum Partner, Juniper Service Specialist and a McAfee Security Alliance Certified Partner.

To interview Mitesh Patel or for any more information about Fifosys, please contact Lauren Bell on 020 7644 2610 or email l.bell(at)fifosys(dot)com.

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Lauren Loubser-Bell
Fifosys
02076442610 ext. 2630
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