A significant acquisition by Technology Services Group (TSG) marks a strategic expansion in the education sector.
- TSG has acquired Aylesbury-based Dayta, enhancing its offerings in the education technology space.
- The acquisition will integrate Dayta’s staff and expand job opportunities within TSG.
- TSG aims to leverage Dayta’s strengths to deepen its market presence among schools and multi-academy trusts.
- TSG CEO, Rory McKeand, expresses enthusiasm for the synergy and future growth potential.
In a strategic move, Technology Services Group (TSG), a prominent UK mid-market business tech partner, has completed a substantial acquisition to bolster its position in the educational market. Recognised for its broad range of IT solutions, TSG has acquired Dayta, a fast-growing provider of accountancy and financial management software for schools and multi-academy trusts.
This acquisition aligns with TSG’s existing services, particularly its strength in offering business applications and ERP software to small and medium-sized enterprises. The integration of Dayta’s staff into TSG will not only retain existing jobs but also create new opportunities, reflecting TSG’s commitment to growth.
Dayta, based in Aylesbury and employing 17 staff, is known for its expertise in providing technology solutions to educational institutions. With this acquisition, TSG aims to enhance the delivery of its flexible training programs through the TSG Academy, which has already collaborated with over 500 organisations to train more than 4,000 individuals.
The acquisition is seen as a pivotal step in TSG’s growth strategy, which has included partnering with Pictet Alternative Advisors. TSG’s ambitions extend to further organic growth and additional strategic acquisitions, building on its recent double-digit increases in turnover and profit, alongside its expanding team of over 250 employees.
With offices in major UK cities including Newcastle, London, and Glasgow, TSG has solidified its position as a leading Microsoft Solution Partner. The company continues to support its clients across various sectors in transitioning to cloud-based solutions.
Rory McKeand, CEO of TSG, highlighted the acquisition’s strategic importance in expanding TSG’s footprint in the education sector. He noted Dayta’s reputable service delivery and technological expertise, which align well with TSG’s mission to empower educators and learners through technology. “We’re delighted to have completed this key strategic acquisition in order to grow our existing footprint in the education sector,” McKeand stated.
Samantha Ayres, a director at Dayta, expressed excitement about the alignment with TSG’s objectives, emphasizing the shared mission of streamlining operations with technology. “We know TSG well and there’s a fantastic synergy between the two organisations,” Ayres commented, highlighting the shared focus on quality and innovation.
The acquisition positions TSG for significant growth within the educational market, leveraging Dayta’s expertise.
