Cornwall expansion plans for leading IT company
More than £1 million is set to come into Cornwall following the acquisition of county based IT company Tanist by the leading technology company, Acronyms.
The company says the money will create jobs and drive growth from the newly acquired premises in Bodmin. The deal was completed in July. It’s expected the investment will happen over a period of three years.
Founded in 2003, Acronyms has gained a strong reputation as a trusted provider of managed IT services.
The team supports more than 200 UK-based and international clients from their offices in Plymouth, Cornwall and Bristol. The company works with an array of significant names, including the National Marine Aquarium.
Their cyber security packages, which includes the cutting-edge cybersecurity software SentinelOne, recently saw the firm shortlisted for a national accolade at the Comms Business Awards.
The acquisition of Tanist involved the purchase of their office space, staff and contracts.
It means there will be approximately 50 new clients incorporated into Acronyms’ portfolio, including: Sharp’s Brewery, regional law firm Charles French & Co along with award-winning food production companies Buttermilk and Prima Bakeries.
The newly acquired contracts will join the likes of Acronyms’ already well-established Cornwall-based clientele.
These include major dairy supplier Trewithen Dairy and key hospitality and tourism businesses: Lands’ End Landmark, the National Lobster Hatchery and Hendra Holiday Park
‘Significant milestone for Acronyms’
‘We are proud to announce our expansion into Cornwall and the acquisition of Tanist, which represents a significant milestone for Acronyms,’ says Dave Smith, Acronyms’ Managing Director.
‘Cornwall holds tremendous potential for growth and development, and we are committed to leveraging our expertise in providing high-quality IT services to support businesses of all sizes.’
‘Through our comprehensive range of IT solutions, we aim to empower organisations to thrive in the digital age, enabling them to enhance their operational efficiency, improve productivity, and seize new opportunities.’
The company says its latest expansion into Cornwall hopes to support the region’s economic recovery by driving growth from their new Bodmin office and providing employment opportunities for local people.
‘We firmly believe that the success of Cornwall is crucial for the overall prosperity of the South West region.’
‘By investing in Cornwall, we are investing in the future, supporting entrepreneurs, and empowering local businesses with the technological solutions they need to thrive in today’s digital landscape.’
‘Creating local job opportunities is another core aspect of our commitment to Cornwall. We recognise the talent and potential within the region, and are eager to provide employment opportunities that will contribute to the growth of the local workforce.’
‘Vision for Cornwall goes beyond economic growth’
‘Our vision for Cornwall goes beyond economic growth. We are also passionate about making a positive impact on the community and fostering sustainability.’
‘As part of our commitment to the environment, we are installing electric power points throughout our premises in Cornwall, enabling the adoption of electric vehicles and supporting the region’s journey towards a net-zero carbon footprint.’
‘We also work closely with local conservation charities and community initiatives such as Surfers Against Sewage to support their missions.’
Business commentators say the latest takeover marks a new chapter in Acronyms’ growth story, solidifying its position as a premier technology partner in the South West of England. It follows an earlier expansion into the county with the acquisition of IT OK Ltd in 2020.
More information about Acronyms can be found at: www.acronyms.co.uk