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Auxilion to invest £15m in UK expansion

MSPs IT
Managed services provider Auxilion has announced that it is planning to acquire a company as part of its £15m investment in its UK expansion plans for the next three years.

The MSP also plans to increase its existing UK workforce by 60 people over the next two years. Operating from Sheffield, Telford and Warrington in the UK, the Irish organisation is actively looking to acquire a mid-tier UK IT service provider to complement its existing portfolio of solutions.

Part of the multimillion investment will go towards Auxilion’s Services Centre of Excellence in Sheffield. The centre delivers 24/7 support to its growing customer base — which spans both the public and private sector — including Dell, HP Inc, BT, Canford Health, Applegreen and Mainstream Renewable Power.

Aiming to develop the space as a hub for collaboration, ideation and value creation, the extension to the Services Centre of Excellence will enable capacity for up to 120 employees. Part of the investment will go towards new tools and technologies, aiming to drive increased efficiencies and services innovation necessary for the multi-cloud world.

Auxilion expects the investment to further strengthen its presence in the UK market, drive significant business growth, attract quality talent and strengthen its partner ecosystem. Current partners include Microsoft and Hewlett Packard Enterprise.

Growth will be driven by the acquisition and organic sales, with increasing demand across the areas of managed services, modern and hybrid workplace solutions, digital transformation strategies, ICT development, Business Process Optimisation solutions, resourcing and project governance services.

Earlier this year, the company announced that it is on course to grow its revenues by 25 per cent by the end of 2022, compared to 2021, taking its revenues beyond £40m.

“Our acquisition plans and this significant investment show how committed we are to expanding our presence in the UK market, where we have operated for more than 20 years,” said Philip Maguire, CEO of Auxilion (pictured above).

“We see ourselves as not merely a partner for, but a part of, our customers’ operations. Furthermore, we are laser-focused on providing innovative services and solutions that deliver near-term and future value, enabling companies to navigate disruption and transformation successfully.

“By taking advantage of the talent pool in the north of England and acquiring a like-minded, similarly aligned company, we can lead digital change and make a real impact.”