Collabco sale creates new global force in education software market Collabco – the UK company behind the student engagement platform myday – has been acquired by US-based Ready Education in a deal that brings together three market leaders across Europe and North America, with Netherlands-based StuComm also being acquired. Collabco, a software development specialist based … Continued
MBO of Keysource backed by Tosca Debt Capital and Shawbrook Bank A management buyout at a data centres specialist has been backed by Manchester-based Tosca Debt Capital and Shawbrook Bank, who provided equity finance and debt funding, respectively. Terms of the deal are undisclosed. Sophie Colloby of Dow Schofield Watts Transaction Services provided due diligence … Continued
Manchester IT Firm Expands With Acquisition Warrington’s Xicon Cloud A private equity-backed IT, cloud and digital transformation specialist based in Manchester has expanded with the acquisition of a Warrington business. Ed Brentnall and Tomos Edwards from Dow Schofield Watts advised on the financial due diligence. The takeover of Xicon Cloud by BCN Group is designed to strengthen … Continued
DSW team advise on sale of leading IT solutions firm Agilitas IT Solutions – the UK’s leading services provider to IT channel partners – has changed hands in one of the most significant tech sector deals in recent months. NVM Private Equity has sold its stake in Agilitas to international private equity investor Perwyn. Dow … Continued
Beech Tree Private Equity invests in Microsoft Cloud Specialist Beech Tree Private Equity has invested in Transparity Solutions and is set to support the fast-growing Microsoft cloud specialist’s plans to scale up rapidly in a fragmented market. Beech Tree and Newco were advised by Ed Brentnall, Rob Parker and Rebecca Smith of Dow Schofield Watts … Continued
BCN Group acquires Runcorn’s Polymorph BCN Group has acquired Runcorn-based digital company Polymorph, for an undisclosed sum. The merger is expected to bring BCN revenues of more than £30m per year, with Polymorph’s latest accounts showing a turnover in excess of £4m. Ed Brentnall of Dow Schofield Watts Transaction Services provided financial due diligence for BCN … Continued
Eque2, the leading software provider for the construction industry, has announced the acquisition of CLiPIT Solutions, the Yeovil-based company that specialises in fully-integrated construction accounting and job costing software solutions. Dave Graham of Dow Schofield Watts Corporate Finance assisted on the deal and Catriona Lang from Dow Schofield Watts Transaction Services provided Financial Due Diligence. … Continued
Perfect Image, a Newcastle-based IT services company, has successfully undergone a Management Buy Out (MBO), completed by Chief Executive Officer (formerly Chief Operating Officer), Rob Hankin, and Sales and Marketing Director, Andrew Smith. The MBO was backed by Chiltern Capital, a private equity firm that supports exciting businesses with ambitious teams to grow and develop. … Continued
A £7m-turnover IT services company with more than 500 business clients across Yorkshire and the North East has been acquired by a Manchester-based counterpart in a deal that is set to create a “Northern IT Powerhouse”, with due diligence support from Dow Schofield Watts. Blue Logic was established in 2007 and has its head office in … Continued
A Shipley-based developer of sensory products for the special educational needs market has been sold by parent RM plc in a deal supported by Dow Schofield Watts Corporate Finance (DSW). SpaceKraft’s customers include carers and teachers and before the sale was part of RM, a listed £180m-turnover provider of information technology to the education … Continued
Mobeus has invested £3.7m to support Redline Assured Security Ltd (“Redline”), a world leader in the provision of security training, quality assurance and consulting, primarily to the aviation sector. The funding will be used to accelerate the roll out of Redline’s products and services in a number of new international markets. The Doncaster-based business was … Continued
DSW has advised on the Vendor Initiated MBO of Yorkshire Repak and led the associated refinancing of Bidco. Yorkshire Repak – a specialist firm of secondary inspection and contract packers headquartered in Barnsley – has been purchased by its senior management team led by Managing Director Terry Foy in a management buyout after the original … Continued
Dow Schofield Watts Transaction Services in Leeds provided due diligence to Yorkshire-based Nicholas Associates Group and RBS on the latest acquisition for the group; Ashley Kate HR, a specialist HR recruitment company, for an undisclosed seven figure sum. The acquisition is the second in six weeks for the Nicholas Associates group, and follows a deal … Continued
North west based specialist agricultural and distribution business NWF has made a bolt-on acquisition which will see growth in its fuel business. The Nantwich, Cheshire headquartered group has acquired Staffordshire Fuels, a 32 million litres per year fuel distribution business operating in Staffordshire and the West Midlands. This acquisition will increase NWF Fuel’s annual volume … Continued
Dow Schofield Watts Transaction Services recently assisted mobile telecoms provider WHP Group in its bolt-on acquisition of Paragon Telecoms Limited. The acquisition comes swiftly after WHP’s secondary buyout by Palatine Private Equity in May 2015. Paragon, based in St Helens, was founded by Terry Flanagan and Paul Barrow in 2013, and specialises in telecoms, engineering … Continued