Matrix Business IT

Matrix IT, based in Fareham, UK, delivers comprehensive IT Managed Services that enhance operational efficiency for businesses, focusing on cloud migration, cybersecurity, and technical support. Founded in 2003 in Fareham, UK, Matrix IT provides IT solutions tailored to local businesses. The company has operated as an independent entity since its establishment, focusing on enhancing IT infrastructure for various sectors, including education and industry. The latest funding activity occurred in February 2026, when Onecom Ltd.

, a portfolio company of LDC, acquired Matrix IT. Financial terms of the transaction were not disclosed. This acquisition aims to bolster Onecom's capabilities in Microsoft solutions, cybersecurity, and managed services while expanding its customer base. Matrix IT specializes in offering comprehensive IT Managed Services designed to enhance operational efficiency for businesses across Hampshire, Dorset, Wiltshire, and Sussex.

Their core offerings encompass remote monitoring, technical support, cloud migration, and cybersecurity services, including dark web monitoring and Cyber Essentials consultation. The company addresses common IT challenges such as unreliable systems and inadequate security measures, serving a diverse client base that includes educational institutions and industrial service providers. Matrix IT operates on a subscription-based revenue model, allowing clients to access ongoing IT support services without incurring expensive break-fix fees. The typical transaction involves a monthly fee covering their suite of services, ensuring a consistent revenue stream.

Specific pricing structures for these services are not publicly disclosed, but the offerings are designed to be accessible and affordable for businesses of various sizes. Their revenue is driven by long-term partnerships, and they are recognized as a Microsoft Solutions Partner, enhancing their service delivery in cloud-based solutions and cybersecurity expertise. Following the acquisition by Onecom Ltd. in February 2026, Matrix IT plans to leverage its new resources to enhance its Microsoft, cybersecurity, and managed services capabilities.

The acquisition will also facilitate the expansion of its customer base and workforce. The integration into Onecom is expected to support the advancement of new product offerings designed to meet evolving market demands in IT managed services.