Dot Net Solutions Secures Funding from New Signature Backed by Columbia Capital's $35M Investment
LONDON, May 3, 2016 /PRNewswire/ --
Dot Net Solutions, Microsoft UK Partner of the Year 2014, announced today that it has secured an initial funding commitment from New Signature, supported by the $35M investment made by Columbia Capital in 2015. New Signature, the Microsoft US Partner of the Year, 2015, is investing in Dot Net Solutions as the platform upon which to build the leading Microsoft partner in the UK. Through this investment Dot Net will further develop its current markets, pursue strategic acquisitions, broaden and deepen existing capabilities and leverage their cutting edge work, in areas like application migration and business transformation, to accelerate growth and pursue an international strategy.
The UK organisation will continue to operate as it does today with Paul Cosgrave as Managing Director, Dan Scarfe as Founder and CTO and Neil Marley as Sales and Services Director. Jeff Tench, New Signature CEO, who has successfully led the New Signature team through tremendous growth over the past 12 months will join the Dot Net board.
The Dot Net executive team, which will remain intact, are looking forward to realising the potential that New Signature's funding and operating strength will enable. This investment will immediately fuel Dot Net's ability to deliver expanded services to their customers, alongside its people and partner recruitment strategy in the UK. "We are excited to be entering the next stage of our development alongside New Signature and Columbia Capital," said Scarfe. "Their combined experience of building successful services organisations through organic growth and strategic acquisitions will enable us to scale more quickly and ultimately deliver more breadth and depth to our customers in the UK." Cosgrave added, "Dot Net can now accelerate its tremendous growth in the UK, building on our position of leadership as a combined Microsoft public cloud integrator and managed services provider via a number of specific, targeted acquisitions."
Dot Net will retain its local UK operating model whilst quickly taking advantage of the immediate benefits that New Signature, the 2014 and 2015 Microsoft US Partner of the Year, can bring. "Our North American and UK teams will partner to share best practices, innovation and expertise to deliver world-class services to our valued customers," added Jeff Tench, New Signature CEO. "We plan to keep the existing UK business structurally separate but unify under one mission and shared vision."
Dot Net, along with New Signature, is keen to continue on its path of success in bringing like-minding Microsoft partners together to create one team that can deliver optimisation and modernisation through cloud technologies like Azure, Office 365 and EMS. "Microsoft is clearly positioned to be a market leader in cloud computing and we are delighted with how Dot Net's existing capabilities, team and overall mission fits with the New Signature strategy," said Tench. The combined team is looking forward to Microsoft's World Partner Conference held in Toronto, July 10-14 where they will jointly meet with Microsoft and the extended partner community to discuss how to deliver Microsoft technologies through transformative business solutions.
About Dot Net
Dot Net is Microsoft's 2014 UK Partner of the Year with a full suite of offerings across Microsoft Azure IaaS and PaaS, Office 365 and EMS supported by its 24/7 managed services support team. Dot Net enables organisations to experience the benefits of traditional managed services and outsourcing whilst leveraging the cost efficiencies and agility of the Microsoft public cloud. As full-stack Microsoft experts, they have helped hundreds of midmarket and enterprise customers transform their business by adopting Microsoft cloud solutions. Dot Net's process-driven approach is centred around their Cloud Managed Platform which allows a predictable outcome for customers that want to adopt cloud technologies across its business.
About New Signature
New Signature is a Microsoft National Solution Provider focused on consistently delivering great customer experiences. New Signature was named the top Microsoft partner in the United States in 2014 and 2015-becoming the first partner ever to win the prestigious US Partner of the Year award two years in a row. In 2015, with the backing of Columbia Capital, New Signature acquired 4 outstanding Microsoft partners-CMS Consulting, Infrastructure Guardian, imason Inc, and InfraScience-bringing new capabilities and geographic strength to the team. The New Signature team delivers full life-cycle support through their Plan-Build-Operate model to help their customers transform their business with Microsoft solutions.
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