Chess ICT celebrate double acquisition to drive growth

Chess ICT is the UKs leading independent technology service provider, employing more than 260 people across the UK and supporting over 25,000 customers. Chess ICT helps you work better together, protect your data, connect your people, grow your business, and reduce your costs. Making it easy for you to work securely, anywhere, anytime. At Chess ICT, we’re passionate about our unique culture and our continuous investment in our people to be industry experts.

Chess ICT is proud to celebrate its sixteenth consecutive year as one of the UK’s Best Companies to Work For, a testament to our ongoing commitment to creating a workplace that values, supports, and inspires its people. With a Trustpilot rating of 4.5, Chess ICT is not only recognised as a trusted partner to our customers but also as a company that puts people at the heart of everything we do. At Chess ICT, our vision is simple: to be a great place to work and a great place to be a customer.

Managing Director of Silversands Ltd, Susan Jones,  said:

“Chess ICT is an acquirer with a strong strategic fit and a great home for Silversands and I wish them every success and hope to see the business continue to develop”

Contact:

Jessica Hughes, Head of Acquisitions at Chess ICT: [email protected]

Additional Information:

FRP Corporate Finance advised the shareholders of Silversands Limited on its sale to Chess ICT.

Daniel Brecker, Director at FRP Corporate Finance said “This is an exciting deal in the Microsoft IT consultancy space – an area where we expect there to be continued consolidation. In Silversands, Chess ICT have acquired a complementary product set and a highly skilled team of consultants and developers. There is a strong cultural and strategic fit as Chess ICT will benefit from the strong alignment between the two businesses which will help further strengthen and diversify Chess ICT’s product and services offering to its customers”

Chess ICT was assisted with financial due diligence by Evolution Capital.

Sam Godfrey, Transaction Service Director at Evolution Capital said ''It was a pleasure to partner with Chess ICT as their Financial Due Diligence provider on project Pixel, where our team utilised the EC Analytics toolset to provide Chess ICT with valuable insight into the trajectory and performance of the business. We are excited to be working with the Chess ICT team once again and look forward to the success we'll achieve together."