Digital transformation group launches new brand to target mid-market business modernisation
Systems integrator TXP aims to disrupt mid-market with combined consultancy, development and resourcing offer.
The private equity (Aliter Capital) backed group featuring digital services provider Jumar and specialist IT resourcing firm Concept has rebranded to become TXP (Technology x People). TXP will focus on IT consultancy, technology development and people resourcing, combining a highly experienced digital team with industry-leading IT resourcing capabilities, to address the evolving modernisation needs of mid-market organisations.
“There’s a significant opportunity to support mid-sized organisations across financial services, healthcare, retail, and the public sector, whose internal IT teams may not have the resources or some of the specialist skillsets to drive the growth and innovation they need. This gap isn’t being addressed by the traditional larger systems integrators, and yet it’s critically important for mid-sized organisations to avoid a piecemeal approach to business modernisation. TXP strives to solve their most challenging problems with a joined-up approach to technology and people.” John Antunes, CEO, TXP.
An end-to-end offering to meet evolving customer needs
With over 20 years’ experience in delivering IT projects and resourcing, TXP has built a specialisation in legacy modernisation. It is one of only a few companies worldwide with specialist expertise in Gen transformation. This remains a significant market opportunity for TXP, as Gen continues to underpin mission-critical legacy systems across the banking, insurance, and government sectors worldwide.
Recognising that technology and business needs are constantly evolving, TXP provides organisations with an agile way to access the IT services they require – from legacy modernisation and application development to cloud, data services, AI, and cybersecurity. Clients have the option to use TXP to deliver the full end-to-end project or to use the company’s flexible resourcing model that offers short- or long-term access to specialist talent, enabling organisations to scale and augment their teams as needed. With a candidate database of over 140,000 IT professionals, TXP offers unparalleled reach and expertise.
Today, TXP already works with clients including The Shipowners Club, Phoebus Software and Beko Software. In addition, TXP has partnerships with global SIs such as Capgemini.
Investing in the West Midlands economy
TXP will be headquartered in Birmingham, with regional offices in Dudley, Milton Keynes, and London. The newly combined company currently employs 180 full-time staff, with plans to double its workforce over the next three to four years through a mix of strategic acquisitions and organic growth. In the West Midlands, TXP aims to create 100 new jobs through organic growth, making a significant contribution to the local economy over the same period.
“Our business is closely aligned with Aliter’s buy-and-build strategy, and we’re actively looking to acquire companies that enhance our capabilities, and most importantly meet the evolving needs of our clients. We already have fantastic foundations to build on, including unmatched expertise in Gen modernisation. We’re excited for the next chapter in TXP’s growth, as we look to create jobs and contribute meaningfully to the West Midlands economy.” John Antunes, CEO, TXP.
The Aliter Capital backed digital transformation group was launched originally in 2022, with the acquisition of Concept, the Dudley-based technology and field service engineering resourcing and recruitment business focused on technology roles. This was followed by Aliter’s subsequent acquisition of Jumar, the Solihull-based tech talent, digital transformation and technology solutions business in 2023.