Turnkey Group Ltd would like to announce the sale of Turnkey Business Software (TBS) and Turnkey Infrastructure Solutions (TIS) to Kick ICT Group Ltd.
Our Chief Executive, Tony Wood, commented: “Both TBS and TIS are high-quality businesses, and it’s been a pleasure having them as part of the Turnkey Group. The sale of those businesses will allow Turnkey to focus 100% on our IPS insolvency platform and deliver its potential internationally over the coming years.
Kick ICT approached us earlier in the year with a proposal, and although we are really sad to see TBS and TIS leave the Group, we felt that we have similar cultures and values, and that Kick ICT can continue to develop and invest in their future growth.
We would like to thank all of our customers at TBS and TIS for all of their support over the years, and the staff for all of their hard work. We look forward to working with Kick to ensure that the transition is smooth and is a great success.”
Kick ICT’s CEO, Tom O’Hara, said “TBS and TIS have a long-standing and outstanding reputation in the marketplace, and I’d like to thank Tony and Barry for affording us the opportunity to look after their customers and their people ongoing. It’s clear Tony and Barry had a myriad of options available to them and it’s a huge compliment for them to have endorsed our vision, strategy, culture and values. I wish them every success as they continue to build the Turnkey Group and IPS as a global software brand and I very much look forward to collaborating with them in the future.”
For any questions about the sale of Turnkey Business Software Ltd and Turnkey Infrastructure Solutions Ltd please contact email@example.com.