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Attenda aims to utilise M&A to drive £50m run rate business

Builds on a successful acquisition of IFL and record organic growth in 2007

(PresseBox) (London, ) Attenda Limited, the Always On Managed Services company, today announced the appointment of Dominic Phillips as Director of Corporate Development to identify and execute on strategic M&A opportunities.

As Mark Fowle of Attenda, CEO reports, "We have sustained an organic CAGR of close to 20% per annum over the last three years, with contract backlog rising above £37m and typical contract lengths extending to 5 years. Organic growth in 2008 is projected to remain strong and building on the successful acquisition of IFL in 2007, this growth will be supplemented by further M&A activity."

Phillips comes to Attenda with a strong background in international corporate finance. Having started his career in asset management he moved to private equity roles in the US and most recently corporate structuring in the European IT Services industry.

The outsourcing market is continuing to expand with selective outsourcing becoming a preferred approach for mid-market enterprise clients and ISVs looking for specialist skills and deep expertise around their business critical applications. Market feedback confirms that the Attenda Always On messaging is gaining traction and becoming a strong market differentiator.

2007 contract wins included AEGON, Davis Langdon LLP, English Partnerships, FTC Kaplan, GE Equipment, MPNA, RCI Financial Services, Smythson of Bond Street and Tesco.

The opportunity for Attenda is to augment its current managed services offerings with complementary services in areas such as service desk, application management, security & LAN management. Attenda is seeking organisations with similar characteristics. strong annuity revenue, great client satisfaction and a focus on mid-market.

Andrin Bachmann, Venture Partner at MC Ventures, Attenda's lead investor, says, "We are very confident in Attenda's Executive Team, the performance of the business and the market as a whole and will continue to re-invest in Attenda's future as we look to accelerate beyond organic growth."

Mark Fowle, CEO concludes, "We are very satisfied with our progress in 2007 and move into 2008 excited by the bigger opportunity that the market presents, with the reassurance that we have the financial backing required to effect an accelerated growth plan through M&A."

Ensono GmbH

Ensono provides hybrid IT solutions that address our clients’ current needs while anticipating and engineering solutions for the ever-changing demands of tomorrow.

We’re trusted by some of the world’s most successful companies because we deliver complete hybrid IT solutions and governance customised to each client’s IT journey. We offer infrastructure services that allow you to connect seamlessly:
•to our managed public cloud partners.
•within Ensono Cloud, our own flexible and secure managed infrastructure environment.
•within a mainframe or midrange environment, including the IBM iSeries.

Our business application services ensure that your critical applications, middleware, and database applications are available, high-performing, and secure 24/7.

We support your business outcomes with purpose-driven innovation. Ensono invests millions of pounds each year into innovation research and development, so our thought leaders and senior practitioners are uniquely capable of advising you on the art of the possible.

We deliver every step of the way with security, consulting, and client services that are second to none—including Ensono M.O., a service management platform that allows you to view and control all aspects of your IT estate in real time through a single pane of glass, regardless of location or platform.

Ensono has more than four decades of experience managing business complexity and 15 years of proven cloud innovation, a track record that distinguishes us from our competitors. We have managed hundreds of complex migrations and have designed solutions that address a wide range of challenges that companies are facing today.

Our culture is collaborative and results-driven, which helps our clients typically achieve immediate reductions in their total cost of ownership. We adapt to and work seamlessly within our clients’ culture and value the expertise of their employees. Our accountability when meeting our clients’ challenges keeps them with us for an average of 10 years.

What's in a name?

The name Ensono is derived from the Zen concept enso, which references ‘strength and creativity’, as well as the Italian expression in sogno, meaning ‘in dreams’. These concepts reflect how our associates constantly look at opportunities from different angles, make unexpected connections, and arrive at unprecedented solutions. It's how we help CIOs achieve business goals, or ‘dreams’—whether dealing with a changing workforce, moving applications to the cloud with confidence or meeting their strategic objectives.

In January 2016, Acxiom IT rebranded to Ensono, signifying our commitment to innovation in hybrid IT solutions.

In September 2016, Ensono acquired Attenda, expanding our ability to manage complex environments across the globe.

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Honesty - We’re transparent and accountable.
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Passion - We love what we do and share our enthusiasm.