Logo for our Strategic IT Services business; "Branch Out Consulting Limited"

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Logo Design Brief
We need a logo design for our new business. We are a strategic IT support & IT governance business offerings services rather than physical products. It would be good to play on the name "Branch" in the concept. The design could communicate movement/outsourcing to us.
My attempt is attached below, however "BO" has negative connotations in the UK; it means "Body Odour".
Target Market(s)
Businesses, predominantly in the UK, looking for strategic support with their IT function
Logo Text
The logo text is "Branch Out" or "Branch Out Consulting" but ideally this will be reduced down somehow.
Logo styles of interest
Wordmark Logo
Word or name based logo (text only)


Lettermark Logo
Acronym or letter based logo (text only)



Font styles to use
Colors
Designer to choose colors to be used in the design.
Look and feel
Each slider illustrates characteristics of the customer's brand and the style your logo design should communicate.
Elegant
Bold
Playful
Serious
Traditional
Modern
Personable
Professional
Feminine
Masculine
Colorful
Conservative
Economical
Upmarket
Requirements
Must have
- Logo should stick to our brand colour theme:
Black Blue: #162447
Very Dark Blue: #162447
Dark Blue: #1F4068
Red: #E43F5A
If a font is to be used, it should be either Roboto or IBM Plex Serif
Nice to have
- The Red should be used sparingly as a "call to action".