Tech firm Eduserv buys new Bristol office
Tech firm Eduserv is set to relocate to Bristol after acquiring new premises with the help of a seven-figure funding deal from Royal Bank of Scotland.
Eduserv, established in 1999, is a not-for-profit provider of technology advice, engineering and support services. The company's clients include central government departments, a large number of local councils, various third sector organisations and UK universities and colleges.
The firm employs 130 people and has a turnover of £15m.
It has historically operated from rented premises in Bath but has now purchased new offices at Gyldan House in Portwall Lane, Bristol, formerly occupied by the Open University.
“We wanted to own our premises and when we saw the site on Portwall Lane it suited our needs perfectly, giving us the space to relocate and accommodate our planned growth,” said chief finance officer Nevil Durrant.
“Bristol is a great commercial and an emerging digital hub, offering excellent transport links for our clients and staff.”
RBS relationship director Steven Perrett added: "This is a significant step and a real statement of intent for Eduserv as they relocate to new premises in Bristol, close to the rapidly developing Temple Commercial Quarter."
He said the new offices provide "a perfect location" within the heart of the city.