About Technology Services Group
Technology Services Group is a Technology company based in Newcastle Upon Tyne (United Kingdom) founded in 2003, and was acquired by Pictet Group in July 2024. IT services, cloud solutions, and cybersecurity are provided. It operates on a Managed Services and Professional Services model. Technology Services Group has raised $2 million across 1 funding round from investors including Pictet Group and Godfrey Syrett. Technology Services Group has completed 1 acquisition, including Dayta. Its website tsg.com draws about 19 thousand monthly visits. Technology Services Group offers products and services including Business Applications, TSG Cloud Care, TSG Cyber Care, and TSG System Care. Its focus areas include IT Services and Managed IT Services.
Company details
Technology Services Group is involved in delivering a range of IT solutions, including ERP and CRM systems, managed cloud services, cyber security, and on-premises IT support. Services are provided across various sectors with a focus on Microsoft and Sage technologies. Comprehensive support is offered through solutions like TSG Cloud Care, TSG Cyber Care, and TSG System Care, ensuring client business environments are optimized and secure. Partnerships with leading technology providers are maintained to enhance service delivery.
- Headquarters Newcastle Upon Tyne, United Kingdom
- Stage Acquired
- SectorsTechnology
- Website tsg.com
- Social LinkedIn X
- Acquired by Pictet Group (Jul 2024)
- Legal Name Technology Services Group
- Annual Revenue$43.87 M (USD)7as on Mar 31, 2022
- Net Profit$2.34 M (USD)170as on Mar 31, 2022
- EBITDA$2.28 M (USD)272as on Mar 31, 2022
- Total Equity Funding$2M (USD)
in 1 rounds
- Latest Funding Round$2M (USD), Private Equity Round
May 2018
- InvestorsPictet Group
& 1 more
- Investments & Acquisitions
- Acquired byPictet Group
(Jul 2024)
Products & Services of Technology Services Group
Technology Services Group offers a comprehensive portfolio of products and services, including Business Applications, TSG Cloud Care, TSG Cyber Care, and TSG System Care.
Solutions for business processes using Microsoft and Sage are provided.
Managed cloud services including Azure and Microsoft 365 are offered.
Cyber security services to protect businesses are delivered comprehensively.
Support for on-premises infrastructure is provided to clients.
Funding Insights of Technology Services Group
Technology Services Group has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $2 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2M
- Total Rounds 1
- Last Round Private Equity Round — $2M
- First Round $2M
(May 2018)
- Investors Count 1
All 1 funding rounds of Technology Services Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $2M | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Technology Services Group
Technology Services Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Pictet Group and Godfrey Syrett.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Specializes in offering high-quality office furniture products. | 1963 | godfreysyrett.co.uk | Newcastle Upon Tyne, United Kingdom | |
Diversified investment management firm | 1805 | pictet.com | Geneva, Switzerland |
Investor details for Technology Services Group
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People of Technology Services Group
41 people are tracked at Technology Services Group (20 in leadership, 21 in team).
| Name | Role | Group |
|---|---|---|
Philip Stephenson | Client Director | Leadership |
Irenee Yule | Client Director | Leadership |
Vicky Monaghan | Head Of HR | Leadership |
Steven Osprey | Chief Technologist | Leadership |
Rory McKeand | Chief Executive Officer | Leadership |
Steven Lynn | Chief Finance Officer | Leadership |
James Barrett | Operations Director | Leadership |
David Filmer | Head Of People Development And Microsoft Training | Leadership |
Rob Jones | Chief Operating Officer | Leadership |
Stuart Byers | Head Of Product Management | Leadership |
Leanne Dee | Head Of Client Success | Leadership |
Barry O'Donnell | Chief Technology Officer | Leadership |
Kate Thomson McIm | Head Of Marketing | Leadership |
Geoff Liddle | Operations Director | Leadership |
Steven Carter | Operations Director | Leadership |
Sanjeev Malhotra | Chief Information Security Officer | Leadership |
Paula McTeer | Head Of Finance Operations | Leadership |
Sammy Murray | Client Director | Leadership |
Paul Best | Business Development Director | Leadership |
Richard Adams | Business Development Director | Leadership |
21 more people are available in the full profile.
Complete people profiles for Technology Services Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Technology Services Group
Technology Services Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dayta.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Software development services are provided to various clients. | dayta.co.uk | Aylesbury, United Kingdom | 1983 | Nov 2024 | •••• |
Complete acquisition details for Technology Services Group
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- Acquired stakes
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Timeline of Technology Services Group
4 dated milestones of Technology Services Group across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Technology Services Group is founded.
- Funding First funding round of $2.0M.
- Exit Acquired by Pictet Group.
- Acquisition Acquires Dayta.
Web traffic of Technology Services Group
The website of Technology Services Group (tsg.com) receives about 18.8K visits a month.
- Monthly visits18.8K
▼ 3% vs previous month
Websites whose visitors overlap most with Technology Services Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tsgrp.com | 100% | View details | |||
testing-solutions.com | testing-solutions.com | 91% | – | ||
sage.co.uk | sage.co.uk | 82% | #243,947 | – | |
| sapphiresystems.com | 77% | View details | |||
| transparity.com | 76% | 12.3K | #2,089,068 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 39 similar websites and full traffic analytics for Technology Services Group
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- 39 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Technology Services Group
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Frequently Asked Questions about Technology Services Group
Technology Services Group was founded in 2003 and raised its 1st funding round 15 years after it was founded.
Technology Services Group is headquartered in Newcastle Upon Tyne, United Kingdom.
Technology Services Group is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $2M, raised on May 2018.
Annual revenue of Technology Services Group is $43.87M as on Mar 31, 2022.
Technology Services Group is involved in delivering a range of IT solutions, including ERP and CRM systems, managed cloud services, cyber security, and on-premises IT support. Services are provided across various sectors with a focus on Microsoft and Sage technologies. Comprehensive support is offered through solutions like TSG Cloud Care, TSG Cyber Care, and TSG System Care, ensuring client business environments are optimized and secure. Partnerships with leading technology providers are maintained to enhance service delivery.
Technology Services Group offers Business Applications, TSG Cloud Care, TSG Cyber Care, and TSG System Care.
Technology Services Group has made 1 acquisition, including Dayta.
Technology Services Group has 2 investors. Key investors include Pictet Group, and Godfrey Syrett.
Technology Services Group operates through Technology Services Group.
Yes. Technology Services Group was acquired by Pictet Group in July 2024.