Sorted secures £3m loan funding The Manchester-based software business has secured a £3m loan funding to support its growth and expansion plans. Sorted is a delivery management platform that offers a variety of eCommerce services, such as tracking and analysing post-purchase performance. In recent years, the company has expanded rapidly and now provides services to … Continued
ITS Technology Group acquires NextGenAccess kickstarting its ‘build and buy’ strategy Wholesale full fibre provider ITS Technology Group has completed the acquisition of dark fibre specialist NextGenAccess Ltd. The deal adds 455km of dark fibre across Greater London, Newport, and South Essex to complement ITS’ existing full fibre footprint which is on track to pass … Continued
iomart acquires Concepta Capital AIM-listed cloud computing company iomart Group has agreed to acquire the entire issued share capital of Concepta Capital for an initial cash consideration of £10.5m. Concepta Capital is a holding company of a group of companies that includes ORIIUM and Pavilion IT. Leeds-based ORIIUM, established in 2007, works with value-added resellers … Continued
NVM sells telecoms specialist to global IoT group NVM Private Equity has sold Mobius Networks Limited to Wireless Logic, the leading global IoT connectivity platform, for an undisclosed sum. Catriona Lang, Rob Parker, and Rebecca Smith of Dow Schofield Watts Transaction Services provided vendor assistance to NVM and the management team. Formed in 2004 and … Continued
The Citation Group acquire cyber security specialist The Citation Group, the Wilmslow-based compliance and quality management specialists, has acquired cyber security firm Mitigate Cyber as it continues to expand its growing products and services range. Dow Schofield Watts’ North West transaction services team advised The Citation Group on the deal. Mitigate Cyber, which is based … Continued
DSW Debt Advisory helps MLL Telecom secure £8m facility Marlow-based managed network services provider MLL Telecom Ltd has raised a flexible £8m debt facility from TriplePoint Private Credit to accelerate the growth of the business. DSW Debt Advisory advised MLL on the debt raise which was focused on achieving a flexible financing solution that could grow with the business … Continued
DSW advises ITS on £100m investment for broadband roll-out Chester-based full fibre provider ITS Technology Group has raised a further £100m from Aviva Investors to accelerate the roll-out of its full fibre network. Dow Schofield Watts advised ITS on the investment. Since securing the first funding round of £45m from Aviva Investors in early 2020, … Continued
Bally’s Corporation acquires Degree 53 Degree 53 a Manchester digital agency has been acquired by US-listed global gaming, betting and interactive entertainment company Bally’s Corporation. Sophie Colloby of Dow Schofield Watts Transaction Services provided financial due diligence on the deal. Degree 53 was founded by Andrew Daniels in 2013 following investment from Betfred founder Fred … Continued
Wavenet Limited acquires Internal Systems Limited Wavenet IT capabilities and infrastructure boosted with the latest acquisition of Internal Systems Limited (ISL). Following the news earlier this month of the acquisition of NTS Communications, Wavenet has announced its latest acquisition of IT and security provider Internal Systems Limited. Financial due diligence was provided by Ed Brentnall … Continued
Mercia backs UK Mail Digital in MBO from parent company DHL Parcel UK UK Mail Digital, one of the UKs leading hybrid mail specialists, has announced the successful completion of a Management Buy Out from its parent company DHL Parcel UK. The current Managing Director, Andy Barber has led the deal to take UKMD independent. … Continued
Firesprite enters next level with sale to Sony The Yorkshire & North East Corporate Finance team at DSW has advised on a high profile deal which will see Firesprite the UK-based videogame studio with a history of developing highly-polished showpieces for cutting-edge hardware being acquired by Sony Interactive Entertainment (SIE). The transaction builds on an … Continued
Ancoris receives investment from Beech Tree Private Equity Beech Tree Private Equity has invested in Ancoris, the pure-play Google Cloud expert. Dow Schofield Watts’ Ed Brentnall, Ros Jones, Rob Parker, Rebecca Smith and Matthew Jones provided financial due diligence to Beech Tree and Newco. With its plans to scale up investments in Sales & Marketing and Development, the partnership will … Continued
Transparity acquire Microsoft Partner AMT Evolve UK-based Transparity Solutions Limited has acquired Microsoft specialist AMT Evolve. The acquisition adds extensive additional skills to the focused Microsoft Cloud Partner in relation to Teams, SharePoint and the Power Platform. Dow Schofield Watts Transaction Services provided due diligence on the deal. Ed Brentnall commented “Being the third time we’ve … Continued
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
Cushon raises £26m Cushon, a fintech pension and savings provider, has closed an overall funding round of £26m to finance rapid expansion and product development plans. Leading the £6m equity raise is fintech venture capitalist, Augmentum Fintech. A further £20m in credit facility has been committed by AshGrove Capital, a leading independent pan-European specialty lending … Continued