Alternative acquires Intercept IT

B2B communications and technology service provider, Alternative Networks, has acquired Intercept IT, the UK’s leading cloud computing and virtualisation service provider.

Intercept is an established provider of hosted desktop solutions to the SME market, as well as desktop and server virtualisation services to enterprise business customers running on-premise IT infrastructure.

Alternative has followed Intercept for some time having recognised the value it can deliver to its business. Both Alternative and Intercept sell directly into similar sized and similar vertical businesses within the SME and Enterprise markets, so the respective customer bases are highly complementary, providing plenty of mutual opportunities.

For Alternative, this acquisition follows the Group’s long term growth strategy and provides complete cloud-based solutions to its SME customer base on a well-established platform, enabling the full outsourcing of customers' IT functions. It also broadens Alternative's managed service offering to enterprise customers to include their virtualised IT infrastructure. For Intercept, being part of Alternative represents strong backing for accelerated growth, with access to more resources and a large number of new clients to target.

Edward Spurrier, Chief Executive of Alternative Networks, commented, “With Intercept's twin offerings we will significantly broaden our range of IT services as well as acquire a well-established platform to deliver additional cloud services. Intercept has an exceptional pedigree in virtualising IT infrastructures, having virtualised over 5,000 servers and more than 2,000 different applications in 30 languages, realising millions of pounds worth of savings to their customers.

We are delighted to have completed this acquisition against considerable interest from other parties. It provides a further stimulus to organic growth across the Group, as it presents good cross sell opportunities into our respective customer bases.”
 

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