Gateshead-based IT specialist TSG announced the completion of the acquisition of Aylesbury-headquartered Dayta, one of the UK’s fastest-growing multi-academy trust technology providers.
Dayta provides accountancy software and other financial management products to schools and multi-academy trusts throughout the country.
“Their business is an ideal fit for us, given our strong track record of providing business applications and ERP software to SMEs,” said TSG.
“It also aligns with our ability to deliver flexible learning programmes through our TSG Academy, which contributes to us achieving a market-leading Net Promoter Score (NPS) of +85.
“Acquiring Dayta marks the next phase of our expansion after our experienced leadership team partnered with Pictet Alternative Advisors to acquire the business earlier this year. Now we’re looking to further grow the business via organic expansion and a series of strategic acquisitions.”
TSG CEO Rory McKeand said: “We’re delighted to have completed this key strategic acquisition in order to grow our existing footprint in the education sector. Dayta has a strong pedigree serving education customers, with a growing client portfolio of schools and multi-academy trusts that we will work with to strengthen our position in this key market.
“Dayta is a high-quality business that is well known for its technology expertise and high levels of customer service. Their business aligns neatly with the values of our company and its customers will be able to empower its educators and learners through our TSG Academy, which has worked with more than 500 organisations and delivered training to over 4,000 individuals. All Dayta customers will have access to our unique TSG Academy training to enable them to understand and get the best out of their technology.
“Now that the acquisition is complete, there will be a seamless integration of Dayta’s clients into our business and no interruption in the high levels of service provided to them.”
Samantha Ayres, director at Dayta, said: “We are thrilled to get this deal over the line. We know TSG well and there’s a fantastic synergy between the two organisations. Our business was established with the aim of helping organisations streamline their operations through technology, a priority shared by TSG. They’re a Microsoft and cloud-focused national IT services provider of outstanding quality and we’re happy to be a part of their future growth trajectory.”