City Business Solutions (CBS) is pleased to announce that the business has been acquired by leading cloud provider to the legal sector, CTS.
Founded in 2006, CTS’ philosophy is grounded in delivering a highly specialised service that provides value to their legal sector clients. CTS shares CBS’ culture and track record of focusing on strong, mutually beneficial long-term client relationships, sustained double digit organic growth and a clearly differentiated sector specialist offering. This announcement comes as CTS releases news to the market of their acquisition of Sprout IT, also a provider of IT services to barristers’ chambers.
“We are looking forward to the next chapter as we combine our businesses to further enhance the service we provide. We are confident that this will be a positive development for our business and our clients, enabling us to accelerate investment and provide access to larger, more specialised teams, whilst retaining the sector focus, the values, and commitment to our clients that has enabled CBS to be successful to date” said Mark Brown, Director at CBS.
Nigel Wright, CEO of CTS added “Today we are delighted to welcome our new colleagues from CBS to the CTS family. This acquisition underlines our commitment to the sector and to our mission to become a legal sector powerhouse. What drives us is a relentless focus on the legal sector, enabling our team to deliver a level of expertise and understanding that our competitors cannot match, from which clients derive clear, transformative value. We have lots of exciting services designed for law firms and barristers’ chambers in the pipeline, which we hope to bring to market in 2021, together with plans to further invest in our business to the benefit of our clients.”
Integration is planned for 2021, combining teams, platforms and resources under the CTS brand. This will be managed by an experienced team, with the objective of achieving the highest quality service for our law firm and barristers’ chamber clients. The CBS directors and management team will be staying with the business to support the integration.
If you have any questions, or would like to know more about our plans for the future, please do not hesitate to contact us.