C&W acquires IT Outsource Cayman Islands
C&W Communications has acquired IT Outsource (ITO), a managed service provider in the Cayman Islands, for an undisclosed amount.
“The acquisition of IT Outsource represents an important step in the execution of our growth strategy and will strengthen our business by bringing innovative solutions and technologies to existing customers and solidifying our position as the leading provider of ICT services in the Cayman Islands,” said Chris Coles (pictured), Chief commercial officer of B2B at C&W Communications,
IT Outsource delivers IT managed and support services, cloud back-up, security services and enterprise hardware and software solutions primarily to clients in the financial services, insurance, government and tourism sectors.
“As the entire world shifts to focusing on how to secure a mobile workforce, we aim to expand our portfolio of solutions in the region for protecting people, services, and data – on the network and beyond,” added Garry Southway, general manager and managing partner at IT Outsource.
“We know these are challenging and uncertain times, and we are excited about what this deal means for the expansion and profitability of your business and ours, and that in the process we hope to offer a more comprehensive and secure ‘end to end’ offering and to better serve our clients in the region with new and innovative solutions.”
Founded in 2004, ITO aims to simplify the IT requirements of its clients whilst delivering the highest levels of customer service possible.
“We’re excited about the opportunity to expand our business in one of our key markets. The acquisition of IT Outsource will allow us to offer more enhanced IT services to Caymanian companies and businesses throughout the region,” said Garry Sinclair, CEO, BTC – VP North Caribbean.
“This investment reaffirms our commitment to strengthening our ICT services offering and facilitating the regional transition to a digital economy.”
In related news, Coles was included on Capacity’s second annual Power 100 listing. Our annual index made up of 100 of the most influential people in the wholesale carrier community.