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
Foresight Group sells Mi Healthcare to Probo Medical Dow Schofield Watts Transaction Services in the North West provided Vendor Due Diligence services in respect of the recent disposal of UK-based Mi Healthcare to US-based Probo Medical (part of Avista Capital Partners). Catriona Lang, Rob Parker and Alex Aitchison advised on the deal. On working with Dow … 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
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
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
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
Mobeus invests £8m in The Boundary The Boundary, an architectural visualisation studio pioneering the use of digital technologies to represent the built environment, has gained a GBP8.2 million investment from Mobeus, with further funding committed to support an existing acquisition pipeline. Using proprietary technology and IP, The Boundary creates virtual reality (VR) experiences, short films, … 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
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
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
“The quality and depth of the advice during early engagement set Dow Schofield Watts apart from its competitors. We established a strong relationship working very closely with the team in the planning stages. This proved to be a key factor throughout the transaction process as we faced diligence challenges. We felt incredibly well represented with … Continued
The Car Buying Group (TCBG), one of the UK’s largest independent consumer car buying companies, has been acquired by Aston Barclay. Roger Esler and Paul Herriott from Dow Schofield Watts’ Corporate Finance Team in Yorkshire & the North East advised TCBG and its shareholders on the sale. Selling over 10,000 cars nationwide on behalf of car owners, TCBG has been at the forefront of the online … Continued