• Academia announces strategic investment from Strive Capital

        • Academia Ltd. and all subsidiaries have been acquired in majority by Strive Capital, a capital investment company owned by Andrew Harman, the former founder of Annodata.  

          The acquisition will allow the Academia Group to continue its year-on-year growth whilst expanding and diversifying into additional markets and services. This will also allow Academia to fast track investment into M&A plans and future developments into its existing service propositions.   

          The investment aligns with Strive’s strategy, with Academia becoming the cornerstone and foundation for future acquisitions. It also builds on Andrew’s 25 years in the IT industry, having spearheaded the successful growth and sale of Annodata Ltd in 2016.  

          Mike Bacon, Academia Group CEO said, “Academia has worked incredibly hard to provide the very best levels of service and competitive pricing for its customers, which in turn has been solidified by their loyalty to us for almost two decades.  

          “As we move into the next stage of our development, our customers, along with our staff and wider stakeholders, can be confident the additional resources and wealth of experience, provided by the team at Strive Capital, will enhance our capabilities further. We will be able to offer a wider range of services and establish a secure platform.

          “I would like to personally thank all our stakeholders, for supporting Academia so far. We look forward to an exciting future ahead.” 

          Andrew Harman, founder of Strive Capital added, “I have been reviewing a number of investment opportunities over the past year and feel there is a gap in the market for a consolidated technological offering. Academia has an excellent heritage in providing IT services, particularly to thousands of schools, colleges and universities across the UK and have a very strong and experienced management team. Having acquired a major shareholding in the company, I’m excited to be back in the technology sector and I look forward to working with the team and supporting the business on the next stage of its growth. I’m very passionate about the technology sector and together I feel we can make a significant impact in the market.”      

        • Stay up to date - Click here and register for FREE Channel Info online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the Channel Info app

        • Related Articles

        • BOSS VMC gave insight on ‘Sustainability through Innovation’

          BOSS VMC gave insight on ‘Sustainability through Innovation’

          Monday 27th Sep 2021
          This year's eighth VMC, a joint initiative from CDI, BPIF and BOSS brought together the business supplies, digital and print industries to delve into trends, technology and innovations affecting these sectors. The theme ‘Sustainability thr...Read More...
          Remote security top concern for decentralised procurement

          Remote security top concern for decentralised procurement

          Thursday 23rd Sep 2021
          IT heads say data leaks in the home will cause the biggest security headache over the next two years as hybrid working arrangements see employees buying and installing their own technology, according to new research by Brother UK.  More than a ...Read More...
          Lexmark agrees new European partnership with Computacenter

          Lexmark agrees new European partnership with Computacenter

          Thursday 23rd Sep 2021
          Lexmark has announced a partnership with independent UK technology partner Computacenter. The partnership will offer a better experience for enterprise customers, allowing them to work directly with Computacent...Read More...
                • About Us

                  Channel Info is the leading source of business news and information for the office dealer and reseller market. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, supplements, website, digital editions, apps, newsletters and bespoke communications with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the team behind Channel Info has over 60 years experience collectively in the office products, furniture, equipment and technology markets Channel Info continues to develop and adapt in order to meet the changing information needs of its readers.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue