Vista Technology Support has announced the acquisition of Store Computer Technology (SCT) for an undisclosed sum.
Retail Technology Innovation Hub announced Vista Technology Support’s acquisition of Store Computer Technology (SCT) on their website. You can read the announcement as it appears on the RTIH website below. To access the original post, you can click on this link. To read the official press release issued by Vista Technology Support, simply scroll down to the bottom of this post.
Vista says that the move further expands its retail and hospitality support capabilities in Ireland and Europe and will strengthen its position as a leading independent retail IT services provider.
SCT was established in 1994 by John Hogan.
It has grown substantially over three decades and now provides IT service desk, in-store technology maintenance and technology refresh projects to some of the most well known Irish and international retail and hospitality brands.
With its head office, service desk, staging centre and warehouses based in Dublin, forward stock locations and field service engineers located throughout Ireland and Northern Ireland, SCT is well established and provides a service support model to over 7,000 retail and hospitality locations throughout the country.
Vista’s M&A activity was led by Lucy Mayer, Vista’s Commercial Director. She has extensive experience in M&A and corporate finance, having previously held senior positions at PWC and Development Bank of Wales.
Mayer comments: “I am delighted to have worked with John and his team on this transaction. This acquisition is the natural culmination of many years of close partnership between Vista and SCT.”
“We are now really excited to enter the next chapter of our partnership, which will cement Vista’s presence in Ireland and also enable continued investment in SCT to allow for future growth and service enhancement.”
Hogan (MD, SCT) says: “This is great news for our customers, partners and staff. We have enjoyed a successful strategic working partnership with Vista over many years.”
“This transaction helps us leverage already existing synergies and provides the platform for continued growth and exciting new opportunities.”
“It allows SCT to enhance existing services and introduce new innovative offerings both to existing and new customers. It also enables us to offer a seamless service offering to customers who trade in Ireland, UK and Europe.”
“We share common goals, and we all look forward to working with James, Lucy and their team in the future.”
James Pepper, CEO at Vista, says: “We are very pleased to be able to announce the acquisition of SCT; Lucy and John have worked very hard to make this deal possible. I am looking forward to welcoming John and his colleagues into the Vista family.”
“The acquisition is of strategic importance to Vista as it provides our business with a platform for further growth, enhances the services that we provide UK based businesses that have stores and restaurants in Ireland and provides SCT with the investment and support to continue its growth and expansion of services in-country.”
“The addition of SCT to the Vista Group also means that collectively we are the only independent retail IT services provider with operations of scale in-country using our own employed colleagues.”
“Our combined customer base extends to over 100 leading retail, hospitality, entertainment, and pharmacy businesses with more than 40,000 locations; together we support over 300,000 PoS and self-service systems plus an extensive array of other in-store technologies.”
“Our customers will enjoy a one company approach to IT services throughout the UK and Ireland.”
Vista’s CEO James Pepper reflects on why the acquisition is a great cultural fit for Vista in this blog: SCT AND VISTA – a great cultural fit.
About Vista
Vista Technology Support is the leading retail IT services provider in the UK and Ireland, supporting some of the most well-known retail, hospitality, entertainment, and pharmacy businesses. It provides a full suite of retail IT managed services including service desk, new store implementations, technology refresh projects, structured data cabling and onsite break-fix, providing holistic end-to-end IT management.
Get in touch today to chat to one of our retail IT specialists who can help find you the right technology, expert project advice and industry leading remote and onsite technology support. 0330 135 5795 | sales@vistasupport.com.