IT Ambulance Founder buys back 100% Ownership.

IT Ambulance is delighted to announce that Founder and Managing Director, Frank Connelly, has today completed the acquisition of the balance of the company’s shares from its investor, Ian Potts.

“Our relationship with Ian has been mutually beneficial. We utilised the investment to expand our geographical reach and have grown very substantially over the 5 years that Ian has been involved. We have also generated opportunities for Ian’s software development skills as well as benefiting from them ourselves. We are delighted to repay Ian’s faith in the business.” Says Mr Connelly.

The investment was organised by SWAIN (South West Angels and Investors Network) in an environment quite similar to the infamous Dragons  Den. Of 23 potential investors in the room, IT Ambulance was engaged by 21 and was able to negotiate Ian as its choice of investor based on his previous experience of growing an EMEA Fast 500 technology company and being a software developer by trade.

“It’s a relationship that will outlive this investment. It is Win Win for both parties” Said Ian Potts.

IT Ambulance offers Information Technology Transformation, Management and Support backed by its unique same hour on site support guarantee from bases of operation in Bristol, Park Royal (West London), Aylesbury and Zeals (Wilts, Dorset and Somerset Border.) Frank Connelly is an award winning Entrepreneur with a passion for helping business owners achieve best value from their own IT Investment.

What now for IT Ambulance? Watch this space.