Tech company to build new HQ and create 80 new jobs after securing funding

A tech company that provides IT infrastructure to public and private sector customers will build a new, bespoke headquarters in Reading and create up to 80 new jobs after securing the necessary funding for these ambitious projects, a news report has been able to reveal.

Ultima Business Solutions has purchased a business and technology campus adjacent to its current base on Basingstoke Road in Reading. The new campus currently consists of two properties, together comprising 67,000 sq ft, and space to design and construct a third building of 21,000 sq ft.

The firm borrowed £4.5m late last year from NatWest to complete works including a refurbishment of its technical services centre (TSC), which is next to its HQ. Now it has borrowed a further £5.6m to acquire the new campus.

Founder and chief executive Max McNeill said: "This third building will house Ultima’s brand-new, bespoke HQ and will accommodate our growing sales and back office teams.

"We currently have a total headcount of 320 and by the end of March 2016 we aim to have more than 400.”

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