MTI With European Acquisition Focus

MTI Europe announces the appointment of Philip Brown as CFO, based at MTI Europe’s headquarters in Godalming, UK.

Philip Brown has experience in financial directorship roles for IT companies including Qubitas Consulting and Equip Technology.

MTI recently announced a more than 50% order book increase in the UK and Philip Brown’s CFO role will focus on strategic acquisitions to drive the company’s cloud strategy and its focus on existing partnerships with VMware, Cisco and EMC across Europe.

MTI welcomes Philip Brown as an addition to the existing management team and he will report directly into Keith Clark, CEO.

Philip Brown has a track record of delivering significant business value across a number of merger and acquisition projects. Philip Brown’s previous role at Qubitas Consulting involved working with four separate companies to develop the business and finance strategies to fulfil shareholders’ expectations.

Keith Clark, CEO at MTI comments: "The appointment of Philip Brown as CFO is an exciting forward-step for MTI as we target acquisitions. It brings a new dimension for further improving our business strength and performance, to complement the success we are experiencing in the UK, France and Germany markets. Our aim is to enhance the capability and expertise of MTI through strategic acquisition to extend and consolidate the services we offer to our customers."

Philip Brown adds: "My background is within delivering value through acquisitions which is key to the growth of MTI’s European leadership and market share. MTI’s robust financial position and its ability to access significant levels of investment funding make it the right time to pursue  an acquisition strategy and I am very excited to be a part of this new phase in the company’s growth."