TECHNOLOGY Services Group (TSG) has expanded its portfolio for the fifth time in less than 12 months.

The business venture, set up by Sage co-founder Graham Wylie, has acquired Glasgow IT services company Clydeforth Digital Solutions.

It is the second foray north of the border for TSG. The company established a foothold in Scotland when it bought ISI Systems, also based in Glasgow, in May.

Last night, TSG also announced it had appointed David Stonehouse chief executive.

Mr Stonehouse has a strong business pedigree. During his career, he was a partner in Price Waterhouse before he became part of the team that masterminded the flotation of Sunderland Football Club on the London Stock Exchange.

He later became chief executive of Newcastle United Football Club. Since leaving NUFC, he has worked with businesses including Newcastle plc Parkdean Holidays, where he remains a non-executive director.

TSG has been highly acquisitive since it was created in October last year when Mr Wylie bought Joynson, the Newcastle-based reseller of Pegasus computer products.

He set out to run a business providing a high level of service to small and medium-sized enterprises (SMEs).

Mr Wylie has notched up five acquisitions, giving TSG established offices in Newcastle, Middlesbrough, Manchester, Sheffield, Edinburgh, Glasgow and Aberdeen.

He said: "We have acquired Clydeforth because of its large and loyal Sage customer-base and the valuable technical expertise that it brings to TSG Glasgow.

"We already have strong Pegasus and Microsoft capability in Glasgow, so the addition of Sage enables us to provide a more extensive range of services to businesses."

Tom O'Hara, TSG Glasgow's managing director, said: "TSG now looks after the IT needs of nearly 7,000 businesses in the UK, and over 2,000 of these are supported by our offices in Glasgow, Edinburgh and Aberdeen."