Fri, 21 Feb 2025 | BUSINESS SALE
An Edinburgh-based IT managed services company has beefed up its global operations by acquiring Australian-based EDF Systems.
Purview Consultancy Services, which provides IT solutions and cutting-edge products, including AI-powered smart glasses for the visually impaired and deaf, has a presence in over 21 countries and a workforce exceeding 1,550 employees.
EDF Systems specialise in supplying communications, security and other technical services in various industries. These include education, health, defence, data centres, retail and infrastructure.
This acquisition will enhance Purview’s ability to support major data centres and position the company to deliver advanced IT solutions to a broader client base in Australia and beyond. The integration will add 52 highly skilled professionals to Purview’s team, reflecting the company’s commitment to driving innovation and excellence across its services. It will also, according to Purview, strengthen its service offerings in the Asia-Pacific region by integrating EDF’s capabilities.
Reddy Punna, the founder and CEO of Purview Services, said: “This marks a transformative chapter in Purview’s journey of global growth. The acquisition of EDF Systems aligns with our vision to provide unparalleled IT solutions and infrastructure across continents.
The deal was made possible by £1.8 million in funding from banking giant HSBC UK.
"HSBC UK’s support has been instrumental in enabling us to extend our reach and infrastructure to work with large-scale data centres in Australia. This milestone reinforces Purview’s position as a trusted partner for some of the world’s largest corporations," said Punna.
Coenraad Horn, relationship manager at HSBC UK, added: “We are proud to continue supporting Purview in its impressive global expansion. Having worked with the company since its inception in 2010, it is rewarding to witness their growth and commitment to delivering exceptional IT services to leading organisations worldwide. This acquisition is a testament to Purview’s vision and the strength of our partnership.”
Find out more about how corporate compounding models work
Established UK based software product company, that is focused on producing innovative and transformational large-scale software solutions to manage complex Networks, IT infrastructure and Services for Telecoms Operators & CSP’s, Smart Energy, Large...
An opportunity exists to purchase the business and assets of a software development and support business operating in the UK and USA, with head office in the North of England. The Company has developed advanced telephony applications analytics/CTI th...
The company provides a wide range of refurbished laptops, desktop computers and associated products, carrying out all renewal services in-house.
21
|
Feb
|
Pet insurer Tedaisy snaps up dog health app Perro | BUSINESS SALE
Salisbury-based pet insurance business Tedaisy Insurance Gro...
21
|
Feb
|
Edinburgh IT group Purview buys Australian peer EDF Systems | BUSINESS SALE
An Edinburgh-based IT managed services company has beefed up...
21
|
Feb
|
ACC welcomes employee ownership on board | BUSINESS SALE
Surrey-based aviation services business ACC Aviation has tra...
24
|
Jan
|
Yorkshire engineering firm completes MBO deal | MBO/MBI
A West Yorkshire engineering group has been taken over by th...
08
|
Dec
|
Geotechnical firm completes MBO | MBO/MBI
A geotechnical consulting group based in Durham has successf...
13
|
Nov
|
Intermet Refractories completes MBO deal | MBO/MBI
Intermet Refractories, a metal casting component manufacture...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.