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Dynamic Networks Group Continues Its Expansion

David Smith
By David Smith
Dynamic Networks Group continues its expansion with the acquisition of Peak Support Services Ltd, a Derbyshire based Cloud MSP.
Dynamic Networks Group Continues Its Expansion
Dynamic Networks Group continues its expansion with the acquisition of Peak Support Services Ltd, a Derbyshire based Cloud MSP.  Within 4 months of the successful Management Buy Out, Peak Support Services Ltd is Dynamic’s first acquisition adding further scale and capability to the group. 
 
For over 25 years, Peak Support has been at the forefront of delivering exceptional IT Managed Services across Consulting, Cyber Security and Compliance, Cloud Computing, Cloud Telephony and Support. Peak’s capability complements Dynamic’s strong organic growth and bolsters the Group’s position as a leading IT MSP.  They have partnered with some of the best hardware and software providers in the industry to offer high-quality services to a diverse range of Customers.
 

David Smith, CEO at Dynamic commented:

“Peak Support Services is a great strategic fit with Dynamic, strengthening our suite of market-leading technology solutions that help our national and international Customers. We have enjoyed working with Rob and the business in recent months and we really look forward to continuing to grow alongside the talented team at Peak.”
 

Rob Broatch, Founder and MD at Peak, commented:

“After more than 25 years as a family-run business, the time was right for Peak to benefit from being part of a larger group, able to service a wider customer base. Dynamic Networks were a logical fit for us with their focus on quality of service and similar company values. There are exciting times ahead for our staff and customers and I very much look forward to working with the Dynamic team in the months ahead.”

Dynamic Insights & advice

Dynamic Networks completes a Management Buyout and commences its acquisition strategy.

"David Smith (CEO) and Gareth Leece (COO) have successfully completed an MBO of Dynamic Networks, working with Paul Landsman of Kingland Capital. The MBO provides for a simplification of the Board structure to allow for its continued accelerated growth strategy. The additional investment secured through Kingland Capital provides a significant fund for the Management Team to hire likeminded industry professionals in-line with its hiring plan and also acquire complimentary Cloud Managed Service Providers as they continue their objective to be one of the fastest growing MSP’s in the UK with a strong reputation for quality service. Further announcements to follow."