Econocom continues growth strategy
Written by: Philip Mason | Published:
Econocom MD, Chris Labrey

Digital transformation specialist Econocom has acquired an 85 per cent stake in enterprise mobility provider Jade Solutions.

According to Econocom, the move represents the next step towards fulfilling the company’s ambition of becoming a full digital services provider. Jade Solutions specialises in rugged mobile technology, wireless networks and guest Wi-Fi working.

Speaking of the acquisition, Econocom UK managing director Chris Labrey said: “Jade Solutions is an innovative business that has gone from strength to strength in recent years, and so we’re thrilled to be able to bring their collective knowledge and experience on-board."

Mark Brackley, managing director of Jade Solutions, said: “We’re firm believers that what Econocom is delivering to numerous sectors is certain to revolutionise the way businesses acquire and refresh their technology assets. To be a part of this movement is something that excites us as a company.”

Jade Solutions employs 43 people, and in 2016 reported revenue of £12.75 million.

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