Company reaches milestone in digital services strategy
EconocomUK, a provider of digital transformation services, has announced a deal that sees JTRS, a leading supplier of technology solutions, joining Econocom group. JTRS is an Apple Solution Expert(ASE) and Google partner for both business and education, as well as a Lego Education specialist,with 2016 revenue of£9 million.
The acquisition of the 40% stake in JTRS comes as a result of Econocom group expanding its offering in the UK with a transition of EconocomUK from a digital financing company to a full digital services company in the region.
“This acquisition is an important part of our strategy to further our offering in the UK and ensures that we are able to better serve our customers—delivering a turn key digital solution wrapped in an elegant yet simple pay-per-use/as-a-service model,”says Chris Labrey, managing director of EconocomUK & IRL.
JTRS will keep its own identity and workforce, while Tim Morgan-Hoole, the current MD will remain in his role.
Tim Morgan-Hoole says:“This project will enable us to step up our development and work more closely with EconocomUK on providing agile subscription solutions. We will keep growing as part of Econocom group, and are pleased to combine our strengths to meet the demands of this changing marketplace.”
The synergy between the two companies is evident in a new co-built solution —BOS, a modular subscription-based service for mobile devices with a-la-carte options for B2B and education.
This new BOS service is in line with the new Econocom‘’ E for Excellence’’strategic plan, which is firmly focused on the added value of the offering and a cross-business line approach to open-up new possibilities for its clients.