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Flotek Group Acquires Simpology UK Limited, Expanding Regional Presence in London and Cambridge
April 23, 2025
Simpology was established in 2003 by founders Lee Frankham and Mark Balaam, driven by a passion for emerging technologies and extensive experience with large SME’s and Microsoft Azure. The company shares several key partners with Flotek, including Microsoft, N-able Cove and ZEN Internet.
Jay Ball, CEO of Flotek Group said: “We are thrilled to welcome Simpology into Flotek Group. This acquisition brings over 50 new managed support customers, plus more than 50 customers under the IT4Hair retail focussed sub-brand, as well as an additional £1 million in revenue, taking our total to 120 employees and £17 million in revenue. The acquisition aligns with our vision to continue our market leading growth and provide exceptional IT & Cyber Security support to SME’s across the UK.“
Lee Frankham, Managing Director, and Mark Balaam, Technical Director, will remain with Simpology to ensure a successful integration of the businesses. This period will focus on aligning services across cyber security and communications services, and ensuring there is a seamless customer experience, as well as expanding Flotek’s regional presence in London and surrounding areas.
Lee Frankham, Managing Director of Simpology said: “We see many similarities between the teams at Flotek and Simpology. The integration of Flotek’s products and services will open new growth opportunities for our customers, and we are excited about the future. With Flotek, we anticipate growth in our business by leveraging their national team and products and services.“
Siobhan Williams, Senior Associate at Darwin Gray added: “It was a pleasure working with the team at Flotek to support their latest acquisition. It’s exciting to support such an ambitious and dynamic business and we’re looking forward to seeing what the future brings for Flotek as they continue to grow.”
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