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C&W Communications acquires IT Outsource in the Cayman Islands

C&W Communications has acquired IT Outsource Ltd, a leading managed service provider, in the Cayman Islands.

The acquisition was announced yesterday, July 2, and forms part of growth plan for C&W Communications, the operator of the Flow, BTC and UTS brands in the Caribbean.

Chief Commercial Officer B2B at C&W Communications, Chris Coles, said “The acquisition of IT Outsource represents an important step in the execution of our growth strategy and will strengthen our business by bringing innovative solutions and technologies to existing customers and solidifying our position as the leading provider of ICT services in the Cayman Islands.”

IT Outsources was formed in 2004 and provides information technology managed and support services, cloud back-up, security services and enterprise hardware and software solutions focused on clients in the financial services, insurance government and tourism sectors.

Additionally, Garry Sinclair, chief executive officer of BTC – VP North Caribbean, said, “We’re excited about the opportunity to expand our business in one of our key markets. The acquisition of IT Outsource will allow us to offer more enhanced IT services to Caymanian companies and businesses throughout the region. This investment reaffirms our commitment to strengthening our ICT services offering and facilitating the regional transition to a digital economy.”

For his part, IT Outsource’s general manager and managing partner, Garry Southway, said, “As the entire world shifts to focusing on how to secure a mobile workforce we aim to expand our portfolio of solutions in the region for protecting people, services, and data – on the network and beyond. We know these are challenging and uncertain times, and we are excited about what this deal means for the expansion and profitability of your business and ours, and that in the process we hope to offer a more comprehensive and secure ‘end to end’ offering and to better serve our clients in the region with new and innovative solutions.”