London, March 4th, 2013 ACME Group, the international IT solutions and managed services

provider has agreed to acquire the four European subsidiaries of COMPANY1, excluding their UK
business, for 24million ($31 million). Separately, ACME has employed approximately 70 people
from the defunct COMP1 UK operation and assumed some of their respective business.
ACME Group will acquire the Spanish and Irish systems integration businesses, operated under the
BRAND1 banner; the Channels Islands business (Jersey and Guernsey) and their operation in the
Netherlands which is a leading IT Service Management (ITSM) Consultancy, also providing ITSM-asa-Service offerings.
The Spanish operation based in Madrid and Barcelona has a strong enterprise managed services
focus and is a key vendor partner of COMPANY2 with strong customer relationships that complement
many of ACMEs multinational clients in Latin America.
The Irish operation, based out of Dublin and Cork, is a leading provider of enterprise hardware and
software solutions and services, and has long standing and strong partnerships with leading industry
vendors such as COMPANY2, COMPANY3 and COMPANY4, and further enforces ACMEs
commitment to these existing strategic partners.
The Channel Islands operation is one of the largest IT service companies in the Channel Islands and
offers a comprehensive range of Information and Communications Technology services and solutions
in their local markets.
These operations in Spain, Ireland and the Channel Islands will operate under the ACME banner and
serve to offer ACMEs extensive communications and collaboration, data centre, managed services
and cloud services portfolio.
The Netherlands subsidiary, is a provider of industry-leading Service Management consulting,
solutions and services, and will operate as ACME SMC (Service Management Consultancy). As well
as continuing to support its existing customers, across a number of European countries, it will serve
as a Service Management centre of excellence hub. ACME SMC brings a world-class team of ITSM
consultants, as well as its leading IT-Guardian ITSM-as-a-Service offering.
As a result of this complete transaction, ACME will expand its operations with over 480 employees in
the Channel Islands, Spain, Ireland and the Netherlands and with annualised revenues of
approximately $150 million and unaudited EBITDA of more than $8m.