The Alderley Edge-based group said that its latest acquisition would be combined with the Chess Partner Services team at its office in Borehamwood, Hertfordshire.

Chess chief executive David Pollock said Compwise has "a wide and varied knowledge base to provide great support for the technical needs of all businesses".

He added: "They have an outstanding reputation across the industry and we are delighted to welcome them into the Chess group."

Compwise senior account manager Jim Djouma said: "When Chess approached us I saw a company intensely focused on growth and opportunity, strategically driven, financially powered and with a highly adept approach to creating robust success with acquisitions that fit right into their vision to be 'the best of the best' in a fast-moving, dynamic industry.

"The Chess group is not just holding its own as a significant player in that industry but is setting a completely new standard. Our people are committed to customer satisfaction, and empowered by Chess we will go from strength to strength."

In the year to 30 April 2014, Chess reported revenues of £48.8m, up from £44.4m a year earlier. Pre-tax profit grew 69 per cent to £6.8m.

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