Capita acquires Synetrix

Support services group Capita has acquired information and communications technology (ICT) provider Synetrix for £75 million in cash.


Support services group Capita has acquired information and communications technology (ICT) provider Synetrix for £75 million in cash.

Support services group Capita has acquired information and communications technology (ICT) provider Synetrix for £75 million in cash.

Staffordshire-based Synetrix provides ICT services to private and public sector organisations across the Midlands and the South East and employs 193 staff.

Paul Pindar, chief executive of Capita, said that the deal would bring new expertise and customers to the group’s IT services business.

In the six months ending June, Capita reported turnover of £1.3 billion and pre-tax profits of £141.7 million.

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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