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Archive for August, 2013
Hamilton Rentals splits from Xchange Technology Group to concentrate on the UK IT Rental market
London, 12th August 2013 Hamilton Rentals, the UK’s largest independent provider of IT rental and asset management solutions, has completed a management buyout from its previous owner Xchange Technology Group (XTG). The move will allow the business to focus on the UK market and to expand its range of solutions.
Led by established MD Martin O’Connor, who has led the business since 2007, Hamilton Rentals remains the largest independent provider of IT rental and asset management solutions in the UK. The new found independence will allow Hamilton Rentals to invest in new solutions and expand its product evaluation services which it provides already to many of the leading technology manufacturers.
This will also enable the business to put renewed focus on its event management solutions where they are a turnkey provider of full design, rental, implementation and management solutions for sporting events and conferences.
Commenting on the buyout, Martin O’Connor said “This is excellent news for Hamilton Rentals, our customers, partners and hard-working staff. We’ve enjoyed great success over the past years and this now allows us to focus on and invest in the areas where we’re experiencing the greatest demand and success. We will capitalize on our 40 years of industry experience to reinforce our market-leading position”.
Jeff McFarlane, CEO of XTG adds “We wish the team at Hamilton Rentals all the best in the future and look forward to maintaining a strategic relationship and partnership with Hamilton Rentals going forward”.
About Hamilton Rentals
Hamilton are the largest Rental and Technology Asset Management company in the UK, providing short and medium-term rental of a broad range of IT and AV equipment, event management services, and a range of inventory management solutions. Hamilton is market dominant and the only player in the high-end enterprise segment. Hamilton offers a broad range of complementary services to help businesses manage their technology estate, ensure safe destruction of data, and comply with European disposal regulations and best practice in governance. The business employs 69 people and is based in Bracknell, Berkshire.
About Xchange Technology Group
Xchange Technology Group (XTG), established in 1996, is a multinational corporation with regional offices in the United States, Canada, United Kingdom, Germany, Switzerland, Japan, Macau (China) and Australia. It manages five business units in 16 locations that provide technology resale, rental and remarketing solutions, financing and services. XTG specializes in technology lifecycle management, designed to dramatically improve the return on customers’ technology investments at all stages of the lifecycle. http://www.xtgglobal.com
For further information, please contact www.hamilton.co.uk