685Quantiv to Add Space Instead Of Moving

posted on December 26th, 2009

Quantiv, the software company founded by Mike Cribb in 1995, has given up its previous plans of moving to London. The company has now opted to expand its existing office area instead.

Quantiv is the moving force behind software development, and its software is being used by some high profile organisations including the Ministry of Defence, PHS Group and Jack Wills. The company has grown immensely since it commenced operations in Greater Manchester area. In order to accommodate a growing workforce, plans were being made to shift into larger premises in London.

However, after investment and development agency MIDAS came up with an outline showing that the current location of the company will be more beneficial in the long run, Quantiv changed its plans. The company will now rent desk space to the tune of 2000 square feet with immediate effect and will have the option of taking up an additional 5000 square feet of space in future as and when required.

At present, Quantiv occupies 3000 square feet of space. A deal has been made with nearby Bruntwood property residents towards this end to occupy more space at the Altrincham location.

Quantiv has about 32 employees based in Station House now. However, recruitment plans show that the workforce may expand to about 200 over the coming five years. Speaking about the change in plans, founder Cribb has underlined the availability of talented workforce in Manchester area. He hopes to take advantage of improving infrastructural advantages here and aims to help the city gain an image as an ideal business location by continuing to function out of offices here.

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