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A NEW ERA FOR INSTALEC

Post 29 April 2011 by Steve Higgins

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Instalec, the North East’s largest IT solutions provider, has announced an MBO by one of its Directors, Graeme Taylor for an undisclosed seven figure sum.

To support the new structure Steve Higgins joins the company as Group Chairman.

The organisation will now be known as Instalec Technology Group Ltd, encompassing 5 specialist divisions – cabling, networks, systems, software and business consulting. 

Graeme Taylor joined Instalec in 2003, becoming a Director in 2004 and has a proven track record of implementing new technologies and corporate strategy. 

Commenting on his acquisition, Graeme said: “This is an exciting time for the Instalec Group.  Going forward I am committed to building on our brand and reputation.  We are already the North East’s largest IT solutions provider, our focus now is on expanding the business and growing our global client base.”

“We have a heavy presence in the oil and gas sector and have recently established a number of international contracts.  This presents us with a robust platform for our future development.   Our unique business consulting function has put us at the forefront of our industry and gives us a deep understanding of our clients business needs.   I look forward to cementing further client relationships at OTC next week.”

“The organisation is in a strong place and we expect our turnover to treble to £15 million in the next 5 years, while doubling our staff numbers”

Steve Higgins has a successful background in managing high growth businesses in the UK and internationally, having held senior positions with industry blue chips like ICL and Philips.

Talking about his appointment, Steve said:  “I am incredibly excited about joining Instalec Technology Group. Instalec has a 28 year history in the North East and employs some of the best people in the industry. This has presented me with the perfect opportunity to use my experience in IT and telecom to help take Instalec to the next stage in its corporate development. It is great being part of a team which is committed to best practice, managed client service.  I am very much looking forward to working with Instalec as it moves into this new stage of its evolution.”