Sire Technology and Bastion Key Acquired by Everything Tech Group

Cloud-based managed infrastructure and solutions specialist Sire Technology and Bastion Key acquired by Everything Tech Group

Sire Technology, operating in the UK, and Bastion Key, operating out of Gibraltar, have been sold to UK-based managed services provider, Everything Tech Group in a deal brokered by Entrepreneurs Hub.

The two businesses (Sire and Bastion – “SB”) offer advanced IT solutions in managed infrastructure, public and private Cloud hosting, and infrastructure-as-a-service (IaaS) from data centres in Gibraltar, Malta, Dublin and Malaysia.

As well as offering secure, carrier-class connectivity across continents, SB uniquely support Sovereign Cloud delivery demonstrating an advanced layer of capability. SB have templated remote data centres across the globe to support diverse requirements from blue-chip customers. Their dependability and first-time success deployments have driven growth, based on a level of customer satisfaction that is rarely found in technology. With the ever-increasing demands for data access anywhere, anytime, the growth trajectory of Sire/Bastion has been impressive.

If you are thinking about selling your business or have received an approach and want some advice, please contact us on 08450 678 678 or info@entrepreneurshub.co.uk

Entrepreneurs Hub Co-Founder and Director, Andrew Shepperd commented on the deal,

“This engagement was an exciting and complex brief with advanced technical requirements that are inevitable with international data centres and sophisticated hosting services. Naturally, the acquisition partner would be in a similar field to understand the opportunity and have the capabilities to integrate and leverage the possibilities that Sire and Bastion could offer.

“Technology is one of a number of specialist disciplines within the Entrepreneurs Hub team and we were selected to support this exceptional leadership group. Our task was not just to find an acquirer, but someone who would build on the legacy, create enhanced customer value and offer onwards career development for the team at both Sire and Bastion. ETG (Everything Tech Group) have a leadership team with a pedigree in building out robust cloud-based propositions for a demanding customer set. The vision from the start made their interest compelling and we are delighted to see this completion through. Congratulations to the Sire/Bastion team, and ETG.”

The shareholders of Sire and Bastion are looking forward to helping the company transition into an exciting future as part of Everything Tech Group.

Jason Bamford, Director, Sire Technology and Bastion Key, said,

“On behalf of the SIRE Technology and Bastion teams I would like to thank the entire Entrepreneurs Hub team for helping us take our businesses through the transaction and onto the next level. Back at the start of this process we interviewed three prospective agents, all with very different styles and approaches. However, it’s one thing to make a great pitch and another to deliver on that vision.  I’m very happy to report that EH lived up to every aspect of the service that was pitched to us on day 1.  We got “exactly what it said on the tin” so to speak. Andrew and the team are clearly seasoned and experienced professionals in this field, they know all the pitfalls and “gotchas”, saw them coming and briefed us on what to expect and how act.

“If I ever need to go through this process again, I will be using Andrew and his team without question !”

Mark Allen, CFO, Everything Tech Group, added,

“It was a pleasure having the support of Entrepreneurs Hub (EH) on the sell side for Sire Technology and Bastion Key. EH have great commercial knowledge of the market and really know how to work with all parties to get the transaction over the line and executed smoothly.”