QuantiQ Acquisitions Ltd (“QuantiQ”) has completed the purchase of Tectura (UK) Limited (“Tectura”), a wholly owned subsidiary of Tectura Corporation.
As part of move QuantiQ will commence an initiative to rebrand and accelerate the UK business through significant investment across the organisation. This will enable the firm to grow the existing Microsoft Dynamics AX and NAV practices, plus launch new ones around Microsoft Dynamics CRM and Microsoft Cloud solutions.
QuantiQ has recruited a significant management team of technologists with a wealth of experience and will tap into this in order to enhance the delivery and support experience for its clients.
Stuart Fenton, QuantiQ CEO, believes that the acquisition of Tectura (UK) Ltd is strategic to QuantiQ`s goal to be the leading and largest Microsoft Dynamics and Cloud partner in the UK. “The ERP marketplace in the UK is a thriving space with significant growth potential for the Dynamics family. To be able to drive that growth and enhance our clients’ business performance through technology presents a significant opportunity. The Tectura UK team has the capability, experience and in-depth product knowledge to lead the UK market. I`m thrilled to be part of an accelerating business that can deliver real and measureable benefits to our clients’ businesses.”
Tectura was advised by martinwolf M&A Advisors, a boutique investment bank based in the San Francisco Bay Area.
QuantiQ Acquisitions was formed in 2014 by Varsity Acquisition LLC, an established Chicago-based investment firm led by James Martin (Chairman) and Stuart Fenton (CEO), targeting middle market information technology companies in Europe.
Tectura UK is the leading Microsoft Dynamics partner in the UK, managed by a highly experienced services and sales team. With around 100 full-time consultants, developers and operations staff, plus a large number of long-service contractors,