Xeretec has acquired Xerox reseller Bytes Document Solutions (BDS), part of the Bytes Technology Group (BTG), making it the largest Xerox reseller in Western Europe.
The company’s £57 million annual turnover will be driven by a combined team of 220 employees based in 11 offices across the UK and Ireland. While the company continues to be headed by the management team behind Xeretec’s growth and success to date, it will now be strengthened by the expertise of the individuals who helped make BDS such an attractive acquisition prospect.
Steve Hawkins, Xeretec’s group managing director, said, ‘Acquiring Bytes Document Solutions is a significant move, helping to accelerate the pace at which Xeretec will achieve its goal of becoming a £100 million turnover organisation by September 1, 2019. It has significant advantages for our customers, staff and of course Xerox, all of whom are set to enjoy the many benefits that will come from this best of breed approach. The values of Bytes Document Solutions are an ideal complement to Xeretec’s, making this is a win-win development for all, while starting a new chapter in the Xeretec success story.’
The sale of BDS by BTG will enable Bytes in the UK to continue its focus on software and software services. Neil Murphy, group managing director, said, ‘The Bytes Group intends to invest further in its software and software services capabilities. Importantly, we will work in close partnership with Xeretec moving forward to ensure customer satisfaction is our number one priority.’
The acquisition benefits new and existing customers by combining each company’s close ties with Xerox, their print industry contacts, technical knowledge and market expertise.
