MXC Capital Limited Acquisition of Calyx Managed Services Ltd
Calyx Managed Services, a flexible ICT and cloud-based managed services company, has been acquired by MXC Capital Limited, a specialist merchant bank that invests and grows value in companies in the TMT sector.
Speaking about the deal, CEO of Calyz Managed Services said: “I am pleased to confirm that Calyx Managed Services Ltd is now owned by MXC Capital Limited, a London Stock Exchange, AIM quoted merchant bank that invests in UK-based telecommunications, media and technology businesses.
"The Partners at MXC have a long and distinguished track record working with UK technology companies and we see this as an excellent opportunity to support our strategic visions and strong track record of successfully delivering managed IT services to the UK mid-market through our growing portfolio of managed cloud, networking and mobility solutions.
"This acquisition comes after we have recently reported a growth in profit margin of 266% thanks to growing demand for consultancy, combined with our own operational investment.
"For all day to day activities it is very much business as usual and our main focus will continue to be delivering first class services to our customers. Our principal objective is to ensure we continue to deliver a first class service to our customers and there will be no wavering as we strive to deliver integrity, spirit and excellence in everything we do.”