With immediate effect, CSI Group has acquired 100% of the shareholding of the UK IT Managed Services Provider APSU (www.apsu.com) for an undisclosed sum. As part of the transaction Steve Morris, CEO APSU, will become a shareholder of the CSI Group. Separately the US subsidiary, APSU Inc, has been divested from APSU, acquired by the majority of the existing shareholders of APSU and will continue to operate as an independent company.
APSU was established in 2011 following a merger between Apex Computers International Ltd, an IBM mid-market infrastructure business, and AssurIT, an IBM managed services company. APSU delivers cloud-based services into the IBM mid-range market including a fully managed high-availability service known as VSRi (Virtual Server Recovery for IBM i). They are an IBM Premier Partner and are the only UK member of IBM’s Global Business Partner Advisory Council. They also partner with HP, Microsoft, Cisco and other vendors.
The acquisition will further strengthen CSI’s position as a leader in the Managed Services market as well as establishing CSI as the premier IBM Power partner in the UK. APSU is the latest acquisition by CSI of an IBM Business Partner and will ensure that the strategic partnership between CSI and IBM in the UK continues to grow. “CSI is committed to helping our clients to Transform, Manage and Secure their business and the investment we are making in APSU will extend our ability to deliver this to even more clients” said Alan Watkins, Executive Chairman, CSI. APSU and CSI will work closely with existing clients of APSU to ensure a seamless transition of service.
The separate acquisition of APSU Inc by the majority of the existing shareholders of APSU will enable them to focus on the growing partnership with IBM in the US. The continuity of leadership in APSU Inc will help to ensure the success of that partnership enabling growth for both APSU Inc and IBM. “Since the merger of APEX and AssurIT in 2011, we’ve made great strides in building our UK business and I’m confident that under CSI’s leadership this will continue into the future” said Steve Morris, CEO APSU. “Separating out our emerging US business will allow us to accelerate our presence in the US and serve our emerging customers better” he added.
For more information, please contact your CSI or APSU Client Director. Alternatively please email email@example.com or call CSI on 01623 726300.