Aliter-backed technology transformation and resourcing group announces CEO appointment.John Antunes appointed as Group CEO to lead growth of Concept and Jumar

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Concept Admin

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April 10, 2024

Aliter-backed technology transformation and resourcing group announces CEO appointment.

Aliter Capital LLP (“Aliter”), the specialist buy and build investor focused on SME support services businesses, has appointed John Antunes as Group Chief Executive Officer (CEO) for its technology transformation and resourcing investment, which includes the acquisition of Concept and Jumar, from its £134m Aliter Capital II fund. Antunes’s arrival marks a significant milestone in Aliter’s commitment to accelerating growth and innovation within the platform.

 

Antunes has worked in senior leadership roles in the global technology sector across the past 25 years. Most recently, he was Group Managing Director at Clearcourse, the software and payments business. Previously, he was Chief Operating Officer at Accenture’s Edenhouse business. He has also worked in senior management roles at SAP, Microsoft UK and Sage.

Concept and Jumar currently work across the public and private sectors, providing custom software development, augmenting in-house IT resources and identifying skilled talent to support their customers’ technology and business needs.

The appointment of Antunes is a key step in Aliter’s strategy to develop a leading specialist technology transformation solutions and resourcing group in the UK, following the acquisition of Concept in July 2022 and Jumar in September 2023.

As Group CEO, Antunes will play a crucial role in actively driving the Group’s continued success and leading both the organic and inorganic strategy. Antunes will work closely with the Aliter team and the board, including Matt Gillen and Wendy Morgan, current business leaders at Concept and Jumar respectively, who continue in senior board roles.  

Greig Brown, partner, Aliter Capital said:

“We are truly excited by John’s arrival as Group CEO for Concept and Jumar. He is a highly experienced, successful board leader, with a strong track record in driving business growth, both organically and through acquisitions. His appointment is another major step forward in our ambition to develop one of the UK’s leading specialist technology solutions providers.”

Aliter is actively looking to acquire complementary businesses to join the technology platform, with a focus on adding Cloud technology solutions (Azure and/or AWS), data, applications development and AI capabilities to the group, as well as developing its physical presence in the UK’s main tech centres, including London, Bristol, Manchester and Glasgow.

About the Concept/Jumar Group

Concept and Jumar form the initial investments in Aliter’s strategy to build a specialist technology solutions provider, offering a full suite of services across the digital, resourcing and people challenges of its customers. The group operates on a national basis, from its three offices (in Dudley, Solihull and Milton Keynes). The combined group has net revenues of £14m and EBITDA of £3m and currently employs c.200 people. The group has a clear strategy to offer a full suite of applications development and resource augumentation solutions in its chosen markets, in both the public and private sectors (www.jumar.co.uk and www.concept-it.com).

 

About Aliter (www.alitercap.com)

Aliter focuses on buy and build investments of small and mid-sized businesses in the UK support services sector, a market valued at over £300 billion. Its approach differs from traditional private equity models by making only a limited number of selective portfolio investments to deliver dedicated hands-on support. Aliter has now closed more than 25 transactions since the beginning of 2017 across its two funds, Aliter Capital I and II.

 

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