Flotek’s Strategic Move
In a significant strategic move, Flotek Group, a leading IT and Managed Service Provider, has successfully completed its tenth acquisition by acquiring Truro-based Orbiss, an IT and telecommunications company specialising in solutions for the hospitality industry. This acquisition marks a milestone in Flotek’s expansion journey, enabling the company to broaden its presence in the Southwest region of England.
Unlocking Growth Opportunities
The acquisition of Orbiss not only expands Flotek’s geographical footprint but also strengthens its team, now comprising 72 employees, and boosts its revenue to £8.5 million. With Orbiss’s expertise and clientele, including prominent names like Best Western and Holiday Inn, Flotek gains access to new avenues of growth, particularly in the hospitality sector.
Strategic Integration
Orbiss’s integration into Flotek’s operations is meticulously planned to ensure a seamless transition. By dedicating resources to support Orbiss’s team and customers, Flotek aims to retain the invaluable expertise that Orbiss has accumulated over its 35 years in the industry. This integration strategy reflects Flotek’s commitment to maintaining the high standards of service and expertise that Orbiss is known for.
A Perfect Fit
The synergy between Flotek Group and Orbiss is evident not only in their shared values but also in their long-standing professional relationship. With Flotek CEO Jay Ball’s personal acquaintance with Orbiss owners Karen McGowan and Karen Patterson spanning over 16 years, the acquisition represents a natural alignment of cultures and visions.
Accelerating Growth
Jay Ball’s vision for the acquisition emphasizes Flotek’s ambition to solidify its position in the hospitality market across the UK. Leveraging Orbiss’s established reputation and Flotek’s extensive resources, the Group aims to offer enhanced Managed IT & Communications solutions, catering specifically to the needs of the hospitality sector in Southwest England and beyond.
Q&A
1. How does Flotek’s acquisition of Orbiss benefit its expansion strategy?
Flotek’s acquisition of Orbiss expands its presence in the Southwest, strengthens its team, and unlocks new growth opportunities in the hospitality sector, aligning with its strategic expansion goals.
2. What sets Flotek apart in its approach to acquisitions?
Flotek’s approach emphasizes strategic integration, retaining the expertise of acquired companies, and leveraging synergies to accelerate growth and enhance service offerings.
