Based in Westbury Hill, Westbury-on-Trym, Bristol, the newly merged Solution IP is forecasting turnover of £2m in its next financial year, which ends in January.
The acquisition is a result of a longstanding relationship between Solution IP founder Patrick Lincoln and Versacom managing director Ryan Jones, who takes over as sales and operations director at the firm.
Solution IP was founded in Clifton in 2007, initially providing fixed line services for phone lines and broadband. In 2011 it merged with Converged Voice Solutions, whose founder Darren Ross remains with Solution IP as technical director, providing expertise on the design and implementation of systems and solutions. With offices in Bristol and Reading, the company now serves around 500 customers in South West, the M4 corridor, Europe and across the Atlantic in the US and South America.
Clients range from smaller businesses with 20 to 50 users, up to large companies with 500 users who require telecoms infrastructure networks designing and implementing across their business.
Mr Lincoln, aged 30, said, ‘I have known Ryan since I started this business seven years ago and we have frequently worked closely with Versacom. This acquisition is really about offering the best service to our customers, bringing all the available expertise under one roof, giving us the chance to grow and enabling our customers to benefit from the combined resources and contacts.’
Mr Jones, who is 42 and founded Versacom in 2010 after a 15 year career with major telecoms providers, said, ‘Over the years, Versacom grew from a zero start point to become an established provider of services to local, national and multi-site businesses, providing data and telephone networks, systems and hardware.
‘We recognised that to continue our success we needed to expand our resources. We have known Solution IP for several years, sharing a similar ethos and quality of service provision, so it made perfect sense to bring the two businesses together.’
Photo: Ryan Jones (left) & Patrick Lincoln