About Technology Services Group
Technology Services Group is a company based in Newcastle Upon Tyne (United Kingdom) founded in 2003 was acquired by Pictet Group in July 2024. It operates as a Managed Services and Professional Services. 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. Technology Services Group offers products and services including Business Applications, TSG Cloud Care, TSG Cyber Care, and TSG System Care.
- Headquarter Newcastle Upon Tyne, United Kingdom
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Technology Services Group
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Annual Revenue
$43.87 M (USD)7as on Mar 31, 2022
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Net Profit
$2.34 M (USD)170as on Mar 31, 2022
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EBITDA
$2.28 M (USD)272as on Mar 31, 2022
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Private Equity Round
May 29, 2018
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Investors
Pictet Group
& 1 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Pictet Group
(Jul 09, 2024)
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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.
People of Technology Services Group
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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.
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 |
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Specializes in offering high-quality office furniture products.
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Diversified investment management firm
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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.
Investment portfolio details for Technology Services Group
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Software development services are provided to various clients.
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Locked | Locked | 1983 | Locked |
Complete acquisition details for Technology Services Group
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Financial Statements - Technology Services Group
Detailed financials for Technology Services Group
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Technology Services Group Comparisons
Peer comparison for Technology Services Group
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Competitors of Technology Services Group
Detailed competitors of Technology Services Group
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Latest news on 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.
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.