Five UK technology, networking, and safety & security providers have formed North, a new integrated technology services company.
Glasgow-based Boston Networks will join Wales-based Pinacl and Pinacl GDA, North Shields and Birmingham-based 2020 Vision Systems and London-based PEL Services in creating the new group.
Boston Networks will provide its expertise in the creation of smart networks and intelligent buildings. In addition to creating the networks on which the building’s intelligence is based, it provides sensors, alarms, and access controls.
As such, the company will bring a technical understanding of cabling, wireless technologies and networking to North’s consolidated expertise. Furthermore, its former CEO will serve as North’s Group Executive Director.
Specialist investment fund Aliter Capital brought together the companies via a series of acquisitions and mergers. The move forms part of its strategy to build a modern and progressive network infrastructure, smart buildings, Internet of Things (IoT) and safety and security business, delivering innovative and specialist services to its clients.
North’s Group Executive Director Scott McEwan, former Chief Executive of Boston Networks, said: “Throughout the pandemic all of our constituent companies have bucked the trend by securing major contract wins which have added to our growth trajectory and it’s a very exciting time for North to be born.
“In recent years, we’ve gone from strength to strength, and through bringing each of the group’s companies together we have a unique offering and expertise within the business to tackle the challenges of our customers across the UK and globally.
“Covid-19 has put network infrastructure and the safety and security of people, buildings and assets at the top of the agenda for both private sector companies and the public sector as they require robust and secure systems at the heart of their organisations during the pandemic and in the future.”
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In recent months, North’s ingredient parts have won a string of new business totalling £30m+ in a diverse range of industries across the UK, as organisations prepare for the post-Covid world.
Among recent project wins are:
A four-year contract with Hammersmith & Fulham Council worth £4m+, with North appointed to relocate the Council’s safety & security command and control facility while future-proofing its CCTV and infrastructure estate made up of over 1900 cameras.
Several Government and other public sector projects totalling £18m, which are confidential under NDAs.
Throughout the period, North has strengthened its team through new strategic appointments and will be recruiting further to increase its 250 headcount. Plans are in place to exceed £100m turnover in the next three years.
North is running the £6m IoT Scotland network, part-funded by the Scottish Government, supporting businesses across the country with innovative projects via hundreds of LPWAN (Long Range) wireless gateways situated throughout the country.
Before the merger, Boston Networks was appointed as an approved supplier for IoT technology, helping the government implement the national IoT network.
An early target of the new company will be to engage with other UK local and regional authorities aiming to roll out similar IoT infrastructures UK-wide.