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Thincats supports Core’s acquisition of MSP CompanyNet

Thincats, the alternative lender for SMEs, has provided a funding package to support Core Technology Systems' acquisition of Scotland-based MSP and Microsoft partner CompanyNet.

The deal strengthens Core’s technical capability and provides geographic expansion into Scotland with 25 employees and offices in Edinburgh and Glasgow included in the acquisition. 

CEO of Core Technology Systems, Conor Callanan, said: “We have developed long-lasting relationships with our customers and partners, and this expansion provides an opportunity for us to add more value to our existing and new customers.”

Stuart Thompson, Head of Transitional Capital, ThinCats, added: “CompanyNet is a perfect fit and will enable Core to expand its proposition and reach even more customers across the UK.”