Acturis acquires insurance software business ICE InsureTech

, ,

2017-12-06T13:58:40+00:00

HMT, led by Partner Paul Read undertook financial due diligence for leading insurance software provider Acturis on their acquisition of the ICE suite of insurance software products from Hubio Technologies Limited. Founded in 2000 by David McDonald and Theo Duchen, Acturis is the leading Software as a Service provider to the general insurance industry offering an all-in-one insurance software solution to its clients. Acturis is one of the UK’s highest rated and fastest growing technology companies, and has [...]

Investment in TRX by Edge

, ,

2017-11-03T14:06:12+00:00

Edge invests in TRX HMT, led by Partner Paul Read and Manager Tom Bradbury undertook financial due diligence for Edge Investments (“Edge”) on their investment in Dial Square 86 Ltd, the holding company for online TV rights licensing platform The RightsXchange (“TRX”). TRX is an online deal-making platform for TV rights licensing. It enables TV programme buyers to search for content, access instant rights availabilities, negotiate a deal and sign the contract entirely online. Presently transactions in this market [...]

Acquisition of Belcom247 by Indigo Telecom Group

, ,

2017-11-03T14:07:30+00:00

Indigo Telecom Group acquires Belcom247 HMT, led by Partner Paul Read, Manager Tom Bradbury and Senior Manager Ravi Majithia provided buy-side advisory services to Indigo Telecom Group (“Indigo”) on the acquisition of Belcom247 (Bellcom UK Ltd). Indigo is a leading provider of multi-vendor managed and project services to Tier 1 and 2 telecom network operators, equipment vendors, multi-national corporations and government clients. The business specialises in the design, planning, build, supply, management and support of UK, European and global [...]

BIMBO of Gradwell Communications backed by Chiltern Capital

,

2017-11-01T11:02:46+00:00

BIMBO of Gradwell Communications backed by Chiltern Capital HMT led by Partner Paul Read and Executive Matthew Jones undertook financial due diligence for Chiltern Capital (“Chiltern”) on their investment in Gradwell Communications (“Gradwell”) to support the buy-in management buy-out. Founded by Peter Gradwell in 1998, the Bath-based business has been a pioneer of voice over internet protocol (VoIP) telephony in the UK. The business has now diversified and provides a wide range of cloud-based services and connectivity to SMEs. [...]

NVM invests in Knowledgemotion Ltd

,

2017-11-24T21:38:52+00:00

NVM invests in Knowledgemotion Ltd HMT LLP led by Partner Andrew Thomson and Manager Tom Bradbury undertook financial due diligence for NVM Private Equity (“NVM”) on their investment in online educational content provider Knowledgemotion Ltd (trading as “boclips”). Founded in 2013 by David Bainbridge, Knowledgemotion has developed boclips, a video platform designed specifically for the education sector. boclips enables education providers to easily find, license and use video clips in their teaching products and services. The platform hosts over [...]

Acquisition of Tru Solutions by TFM Networks

, ,

2017-06-08T10:14:16+00:00

TFM Networks acquires Tru Solutions HMT led by Partner Paul Read advised connectivity service provider TFM Networks (‘TFM’) on their acquisition of Tru Solutions Ltd (‘Tru Solutions’) supported by Santander Corporate and Commercial (‘Santander’). Founded in 1995, TFM is a provider of voice, data and IT network connectivity services to multi-site SMEs across the UK. Based in Derby, Tru Solutions is a B2B mobile communications provider and will complement TFM’s range of connectivity services. Tru Solutions is the third company [...]

MBO of ProspectSoft Ltd backed by Maven

, ,

2017-06-07T15:48:12+00:00

Maven backs MBO of ProspectSoft HMT LLP led by Partners Paul Read and Andrew Thomson undertook financial due diligence for Maven Capital Partners (“Maven”) on their £6 million investment in cloud-based technology company  ProspectSoft Ltd (“ProspectSoft”) to support the management buy-out. Founded in 2000 and based in Buckinghamshire, ProspectSoft provides niche, award-winning Customer Relationship Management (CRM) and e-commerce software for the Business-to-Business (B2B) market. Its technology can be fully integrated with clients’ existing accounting and Enterprise Resource Planning (ERP) packages [...]

Sohonet secures Growth Funding

,

2017-08-11T12:54:40+00:00

Sohonet secures Growth Funding HMT LLP advised global media connectivity provider Sohonet Group Limited (“Sohonet”) and FPE Capital (“FPE”) on a refinancing of the business to facilitate further growth. As long time trailblazers at the forefront of connectivity and data management for the Media and Entertainment sector, Sohonet’s customers, from the big studios to post-production houses and VFX shops, have counted on them for over 20 years to knowledgeably provide creative technological solutions to fit their individual needs.  Sohonet has [...]

Investment in My 1st Years by Beringea

, ,

2017-06-06T10:54:32+00:00

Beringea invests in My 1st Years HMT LLP led by Partner Andrew Thomson undertook financial due diligence for Beringea LLP (“Beringea”) and Hargreave Hale (“Hargreave”) on their £5 million growth capital investment in personalisation site for children’s products My 1st Years. My 1st Years is an ecommerce company that provides personalised gifts for babies and children. The company was founded by Daniel Price and Jonny Sitton in 2009, and has since become a favourite with celebrities including Dannii Minogue and [...]

Investment in Newsflare by Edge Investments

, ,

2017-06-06T10:54:32+00:00

Investment in Newsflare by Edge Investments 5 Deals of Christmas - 3 videos uploading... HMT LLP led by Partner Paul Read undertook due diligence for Edge Investments (“Edge”) on their £2.4million investment in online video news community Newsflare. Newsflare is a video marketplace platform for video creators, licensing UGC video to some of the world’s biggest media players. Newsflare matches video content to demand and distributes the content to clients and partners around the world. Newsflare provides video to a [...]

Investment in Chic Retreats by Maven

, ,

2017-06-06T10:54:33+00:00

Investment in Chic Retreats by Maven HMT LLP led by Director Peter Wear advised Maven Capital Partners (“Maven”) on their investment in technology company Chic Lifestyle Ltd, which operates under the brand Chic Retreats (“Chic”). Chic Retreats operates in the online B2B travel and tourism sector, enabling independent and boutique hotels, as well and luxury villas, to optimise the distribution of their rooms, rates and availability online.  The Company’s innovative software targets an under served segment of the market allowing [...]

Kallidus secures funding from RBS

, ,

2017-08-11T11:26:28+00:00

Kallidus secures funding from RBS HMT LLP advised FPE Capital (“FPE”) and Cirencester-based software company Kallidus Ltd (“Kallidus”) on their financing supported by Royal Bank of Scotland (“RBS”). Founded in 2000, Kallidus is a leading provider of learning and talent Saas solutions with more than 200 clients including Boots, Telefonica, Transport for London and Eurostar. Kallidus employs around 100 staff and is majority owned by FPE following a secondary management buyout from Westbridge Capital in 2015. The funding package from [...]

Investment in Contact Engine by Beringea and Amadeus Capital

, ,

2017-06-06T10:54:33+00:00

Investment in Contact Engine by Beringea and Amadeus Capital HMT LLP led by Partner Andrew Thomson undertook due diligence for Beringea LLP (“Beringea”) and Amadeus Capital on their investment in SaaS solutions provider ContactEngine. Founded in 2009, ContactEngine is a SaaS platform that automates the conversations between corporates and their customers, ensuring that crucial moments such as sales, deliveries and appointments are executed with precision and minimum effort. ContactEngine’s ground-breaking solutions have attracted major clients, including Whirlpool, Virgin Media, Sky, [...]

Investment in Channel Mum by NVM

,

2017-06-06T10:54:33+00:00

NVM invests in Channel Mum HMT LLP led by Partner Andrew Thomson and supported by Directors Peter Wear and Holly Bedford-Bell and Senior Manager Julia Carruthers, advised Channel Mum Ltd (“Channel Mum”), the UK’s first parenting Youtube community on their recent equity fundraising with NVM Private Equity (“NVM”). Siobhan Freegard, the Founder and Managing Director of Channel Mum is a highly successful entrepreneur who founded in 2000 the UK’s biggest parenting website Netmums. In 2011, HMT advised Siobhan and the [...]

Investment in MPB by Mobeus

, ,

2017-06-06T10:54:33+00:00

Investment in MPB by Mobeus HMT, led by Partner Paul Read and Senior Manager Adrian Howells undertook financial due diligence for Mobeus Equity Partners (“Mobeus”) on their £2.1 million investment in the UK’s largest online marketplace for photographic equipment MPB. Based in Brighton, MPB was founded by Matt Barker in 2008. The business has developed a custom-designed technology that provides a more efficient and enjoyable way of selling and buying used camera equipment and is now the UK’s largest online [...]

MBO of Indigo Telecom backed by Maven and YFM

, ,

2017-06-06T10:54:33+00:00

MBO of Indigo Telecom backed by Maven and YFM HMT, led by Partner Paul Read and Directors Peter Wear and Holly Bedford-Bell undertook financial due diligence for Maven Capital Partners (“Maven”) and YFM Equity Partners (“YFM”) on their £12 million investment in Indigo Telecom Group Ltd (“Indigo”) to support the management buy-out. South Wales based Indigo designs, installs and maintains telecom networks across the UK and Europe, enabling customers such as Vodafone, Sky and BT to deliver fixed line, broadband, [...]

MBO of CIPHR backed by LDC

, ,

2017-06-06T10:54:33+00:00

HMT advises on the MBO of CIPHR backed by LDC HMT, led by Partners Andrew Thomson and Paul Read undertook financial and tax due diligence for Lloyds Development Capital (“LDC”) on their investment in HR software provider CIPHR. Established in 1992 and based in Marlow, CIPHR provides many UK small and medium sized businesses with HR Software as a Service (Saas), payroll software and eRecruitment solutions to enable their customers to effectively manage their staff. CIPHR is one of the [...]

Disposal of Centric Systems Ltd

,

2017-06-06T10:54:33+00:00

Disposal of Centric Systems Ltd HMT, led by Partner Mark Lucas and Associate Director Jez Quigg advised the shareholders of Centric Systems (“Centric”) on the disposal of the business to Equity Networks. Based in Cookham Dean, Berkshire, Centric is a highly acclaimed business technology and IT services company. Founded in 2004 by Abbos Azad, Centric has clients based in London and the Home Counties as well as internationally. Equity Networks, a leading UK Managed Communications Service provider based in Uxbridge, [...]

Acquisition of Take 2 by Procam

, ,

2017-06-06T10:54:33+00:00

Acquisition of Take 2 by Procam HMT LLP led by partner Paul Read and Assistant Manager Viqas Chohan undertook due diligence for private equity backed television equipment specialist  Procam Television (“Procam”) on their acquisition of leading supplier of camera equipment Take 2 Films (“Take 2”). Procam, headquartered in London with additional facilities in Manchester, Scotland and Leicester, and backed by specialist private equity firm Foresight Group, is the UK’s largest provider of camera equipment and crew to many of the largest [...]

MBO of Oxford Computer Group Ltd

, ,

2017-06-06T10:54:33+00:00

MBO of Oxford Computer Group Ltd HMT LLP, led by Partner Mark Lucas, Tax Director Holly Bedford-Bell and Director Peter Wear, advised on the management buy-out of UK’s leading identity management consultant Oxford Computer Group Ltd (“Oxford Computer Group”). Oxford Computer Group deliver comprehensive solutions to a variety of identity, mobile device management, cloud transformation and information protection challenges. Their services includes design and development of innovative IT products, consultancy, implementation and support. Oxford Computer Group work with a wide [...]

Investment in Virtua by Connection Capital

, , ,

2017-06-06T10:54:34+00:00

Investment in Virtua by Connection Capital HMT LLP led by Partner Paul Read and Director Holly Bedford undertook due diligence on the investment in specialist telecom engineering firm Virtua UK Ltd (“Virtua”) by Connection Capital Ltd (“Connection Capital”). Based in Wiltshire, Virtua provides services from design and installation, to testing and optimisation, for expanding and upgrading mobile networks on behalf of the major UK mobile network operators. Their client base also include commercial estate owners of major developments such as [...]

Investment in Channel Mum by ITV

,

2017-06-06T10:54:34+00:00

Investment in Channel Mum by ITV HMT LLP led by Partner Andrew Thomson and Manager Julia Carruthers advised Channel Mum Ltd (“Channel Mum”), the UK’s first parenting Youtube community on their recent fundraising. Giant broadcaster ITV acquired a minority stake in the Business. Siobhan Freegard, the Founder and Managing Director of Channel Mum is a highly successful entrepreneur who founded in 2000 the UK’s biggest parenting website Netmums. In 2011, HMT advised Siobhan and the other shareholders of Netmums on [...]

Investment in D3O by Beringea LLP

, ,

2017-11-30T10:34:48+00:00

Investment in D3O by Beringea LLP HMT LLP led by Partner Paul Read, Senior Manager Vivienne Day and Manager Adrian Howells undertook due diligence for private equity firm Beringea LLP (“Beringea”) on their $13 million investment in developer of smart materials D3O. Based in Brighton, D3O is a ground-breaking impact protection solutions company that licenses a range of unique patented smart materials. Its technology is used to produce a shock absorbing material that can be found in a range of [...]

Acquisition by Procam of HotCam New York

, ,

2017-06-06T10:54:34+00:00

Acquisition by Procam of HotCam New York HMT LLP led by partner Paul Read undertook due diligence for private equity backed television equipment specialist  Procam Television (“Procam”) on their acquisition of US-based camera rental company HotCam New-York (“HotCam”). Procam, headquartered in London with additional facilities in Manchester, Scotland and Leicester, and backed by specialist private equity firm Foresight Group, provides camera equipment and crew to many of the largest broadcasters, production companies and blue chip organisations in the UK. Notable customers [...]

Acquisition of True Lens Services by Procam TV

, ,

2017-06-06T10:54:34+00:00

Acquisition of True Lens Services by Procam TV HMT LLP led by director Paul Read undertook due diligence for private equity backed television equipment specialist  Procam TV (“Procam”) on their acquisition of British broadcast and cinematic lens innovator True Lens Services Ltd (“TLS”). Procam, headquartered in London with additional facilities in Manchester and Scotland, and backed by specialist private equity firm Foresight Group, provides camera equipment and crew to many of the largest broadcasters, production companies and blue chip organisations in [...]

Refinancing of ICA Group

, ,

2017-06-06T10:54:34+00:00

Refinancing of ICA Group HMT LLP, led by partner Andrew Thomson, director Holly Bedford and senior manager Matthew Gordon-Smith, advised ICA Group, a leading document management and solution provider on its refinancing and shareholder restructuring. Facilities were provided by existing debt providers, Natwest. The ICA business was established in 1993 and has developed into a leading document management solutions provider servicing SMEs and small businesses in the South East of England.  ICA‘s core business is the resale and maintenance of [...]

Disposal of Keltec Ltd

, ,

2017-06-06T10:54:34+00:00

Disposal of Keltec Ltd HMT LLP, led by Tax Director Holly Bedford, advised the shareholders of Keltec Ltd (“Keltec”) on the disposal of Bracknell-based IT solutions provider, Keltec to Annodata Ltd (“Annodata”). Annodata, a leading provider of communications, managed print and data services for businesses, has acquired IT infrastructure provider, Keltec as part of its continued expansion into the cloud arena. Founded in 1998, Keltec delivers end-to-end IT solutions to customers of all sizes nationwide. The company holds a range [...]

Redeem Holdings Limited secures £15 million investment

,

2017-11-30T10:33:09+00:00

Redeem Holdings Limited secures £15 million investment HMT, led by partner Andrew Thomson and associate director Peter Wear, advised Redeem Holdings Limited (“Redeem”), the leading international provider of mobile phone and electronics recycling and recommerce services, on its recent £15 million fundraise. Redeem is a global leader in the provision of recommerce, recycling and refurbishment of mobile and electronic devices, predominantly mobile phone handsets, for mobile network operators (MNOs), retailers and corporates. Redeem has grown revenues at around 50 per [...]

Investment in DFx Technology Limited by Percipient Capital

,

2017-06-06T10:54:34+00:00

Investment in DFx Technology Limited by Percipient Capital HMT LLP, led by partner Andrew Thomson, director Paul Read and senior manager Ed Sutcliffe, advised Percipient Capital (“Percipient”) on their £1.2 million investment in DFx Technology Ltd (“DFx”). Oxfordshire-based company DFx Technology Ltd designs, develops and manufactures energy-efficient electronic solutions for the global beverage dispense and commercial lighting markets. DFx has experienced very strong growth over the past years, increasing turnover by 25% year-on-year and establishing a strong reputation in both the [...]

Management buy-out of Jellyfish Solutions Ltd

, ,

2017-06-06T10:54:34+00:00

Management buy-out of Jellyfish Solutions Ltd HMT LLP, led by partner Andrew Thomson and director Holly Bedford, advised management on their buy-out of Hampshire-based print, marketing and digital company Jellyfish Solutions Ltd (“Jellyfish”).  Jellyfish is a young and dynamic company based in Southampton that offers a wide range of print, marketing and digital solutions. The business has made significant progress in recent years by diversifying into both the marketing and digital space under its new brand 21six. Jellyfish was held 80% by [...]

MBO of Acal Enterprise Solutions Ltd

,

2017-06-06T10:54:34+00:00

MBO of Acal Enterprise Solutions Ltd HMT LLP, led by partner Ian Barton and manager Adrian Howells, advised NVM Private Equity (NVM), on the management buy-out of IT inventory management specialist Acal Enterprise Solutions Limited (AES). NVM has invested £6.4 million to support the MBO. Nottingham based AES has evolved from a simple parts reseller to a market leading technical specialist, providing outsourced inventory management solutions to IT maintenance companies and Original Equipment Manufacturers (OEMs) servicing the enterprise server, storage [...]

Acquisition by Redeem Holdings Limited of Mobilpoint and Insitu

,

2017-11-30T12:13:21+00:00

Acquisition by Redeem Holdings Limited of Mobilepoint and Insitu HMT, led by partner Andrew Thomson and associate director Peter Wear, advised Redeem Holdings Limited (“Redeem”), the leading international provider of mobile phone and electronic gadget recycling and recommerce services, on the acquisition of Eco Mobile Green Center S.L (“Mobilepoint”) and Insitu Moviles S.L (“Insitu”), a leading mobile phone recommerce and repair business based in Madrid, Spain.  Redeem Holdings Limited has extended its European base with the acquisition of two Madrid-based [...]

Investment in ISN Solutions Limited by Maven Capital Partners

, ,

2017-11-30T10:18:58+00:00

HMT, led by partner Andrew Thomson advised Maven Capital Partners (“Maven”), one of the UK's leading private equity managers, on their £4.6 million investment in ISN Solutions Limited (“ISN”), a leading provider of global IT infrastructure services to the upstream oil and gas sector. Maven is recognised as one of the UK's most active SME investors, operating from six regional offices investing in dynamic later-stage private companies across a wide range of industry sectors. Maven currently manages over [...]

Acquisition by Redeem Holdings Limited of Envirofone

,

2017-11-29T20:04:08+00:00

HMT, led by partner Andrew Thomson, advised Redeem Holdings Limited (“Redeem”), the leading international provider of mobile phone and electronic gadget recycling and recommerce services, on the acquisition of Eazyfone Limited (“Envirofone”), one of the longest standing mobile phone recyclers in the UK. Redeem provides sustainable, data secure, recycling services to mobile network operators, consumers, retailers and corporate clients across Europe, the Middle East, Asia and the Americas, through offices in the UK, Estonia, Sweden, the United Arab [...]

MBO of GMG Property Services Group

, , ,

2017-11-29T20:14:52+00:00

HMT, led by director Paul Read, undertook financial due diligence for leading mid-market private equity firm LDC and management, on the buy-out of GMG Property Services (Holdings) Limited (“GMG”), the UK’s leading provider of software services to estate agents. LDC supported the £17.8 million MBO. Luton-headquartered GMG was founded in 2007 and is the UK’s largest supplier of software, technology and design solutions to the property industry. The business, which employs over 170 people across its network of [...]

Acquisition by Procam of Hammerhead TV

, ,

2017-11-29T20:26:50+00:00

HMT, led by partner Andrew Thomson and director Paul Read, undertook financial due diligence for Procam Television Limited (“Procam”), the UK's largest broadcast hire company, and Foresight Group, on the acquisition of the trade and assets  of Hammerhead Television Facilities Limited (“Hammerhead TV”), a major player in the Scottish broadcast hire market. Procam, headquartered in London and backed by specialist private equity firm Foresight Group, provides camera equipment and crew to many of the largest broadcasters, production companies [...]

MBO of Veritek Global Limited

, ,

2017-11-29T20:33:32+00:00

HMT, led by partner Andrew Thomson and director Holly Bedford advised Newco and a management team led by Jim Edgar (Group MD) and Jonathan Briant (Group FD), on the management buyout of Veritek Global Limited, an Eastbourne-based provider of outsourced technical services. HMT’s role included sourcing and negotiating funding for the transaction, acting as lead advisors to management and Newco and providing tax advisory services. Mobeus Equity Partners provided a combined debt and equity funding package to support [...]

Disposal of Unique ID

, ,

2017-11-29T20:36:30+00:00

HMT, led by partner Andrew Thomson advised the shareholders of Unique-ID, a specialist supplier of mobile solutions, auto-ID equipment, RFID and tracking products to the UK logistics market, on its disposal to M-Netics. Unique-ID will become a wholly owned subsidiary of M-Netics Holdings Ltd and will continue to trade and operate as a standalone business within the group. M-Netics is a leading supplier of mobile solutions to the UK retail and logistics markets and a major supplier of [...]

Refinancing of Southern Communications

, , ,

2017-11-29T20:39:48+00:00

  HMT, led by partners Andrew Thomson and Ian Barton, advised Southern Business Technologies Limited ("Southern Communications"), a leading independent B2B telecoms service provider, and their bankers Santander, on the growth funding of the business. Hampshire-based Southern Communications was established in 1956 and is now a leading supplier of business-to-business telecoms products and services, with a focus on SME businesses in the South of England. Their award-winning service offering encompasses business mobile, business broadband, phone systems and fixed [...]

Acquisition of Oki-Ni Limited

, , ,

2017-11-29T20:42:55+00:00

HMT, led by partner Andrew Thomson, director Paul Read and associate director Holly Bedford, advised MenInvest SAS (“MenInvest”), a French menswear-focused media, e-commerce and publishing group, on the acquisition of Okini Limited (“Oki-Ni”), a UK online retailer of premium designer menswear. Founded in 2010 by media entrepreneur Marc Ménasé, Paris-based MenInvest offers over 300 apparel and accessories brands and three private labels to a customer base spanning 80 countries. The business attracts more than 2 million unique monthly [...]

MBO of Procam Television Limited

, , ,

2017-11-29T20:45:42+00:00

HMT, led by partner Andrew Thomson and director Paul Read, advised Newco and existing management on the buy-out of Procam Television Limited ("Procam"), the UK's largest broadcast hire company. Specialist private equity firm Foresight Group backed the transaction with a £1.8 million investment. Headquartered in Battersea, London, with additional facilities in Manchester, Procam provides camera equipment and crew to many of the largest broadcasters, production companies and blue chip organisations in the UK. A technical leader in their [...]

MBO of Intuitive Limited

, ,

2017-11-29T21:00:45+00:00

HMT, led by partner Ian Barton, advised the management team of Intuitive and Newco, led by Paul Nixon, on the acquisition of the company from Lowcosttravel Group Limited. NVM Private Equity supported the buyout with an investment of £7m. Intuitive, which is based in Croydon, was established in 2003 and provides powerful, innovative software to the travel sector. Their web-based iVector platform was launched in 2005 and is a market leading product used by tour operators in 45 [...]

Beringea Investment in Skills Matter Limited

, ,

2017-12-07T16:32:15+00:00

HMT advised Beringea LLC on their $5 million investment in Skills Matter Limited. Skills Matter Limited, based in London, was established in 2003 and has grown to become Europe’s largest provider of open source and agile training and events for the worldwide software developer community. This new funding will be used to provide even more opportunities for its community to collaborate with the world’s top technology experts through expert talks, meet-ups, training courses and hackathons. In addition, they [...]

Management Buy-In of the Inkjet and Laser Cartridge Division of Redeem Holdings Limited

,

2017-12-06T17:52:08+00:00

HMT advised an MBI team on the acquisition of the inkjet and laser cartridge division of Redeem Holdings Limited. The newly created entity, called Rethink Europe Limited (“Rethink”), will be led by Managing Director Ian Austin, who has a wealth of experience in the recycling sector and is the former owner of Environmental Mobile Control Limited (“emc”), the specialist business to business recycler. Rethink will specialise in the collection and recycling of printer cartridges and other electronic devices. [...]

Acquisition by Veritek Global Limited of A&O Imaging Services (UK) Limited

, ,

2017-12-07T16:35:46+00:00

HMT, led by partner Andrew Thomson, advised Veritek Global Limited (“Veritek”) and Clydesdale Bank plc on the recent acquisition of A&O Imaging Services (UK) Limited (“A&O”), an independent organisation which maintains and services photo-processing equipment. Veritek was founded in 1985 and initially specialised in technical service and support for the photographic developing and printing markets. Veritek consolidated its market share in the photo imaging sector during the transition from analogue to digital equipment and has subsequently diversified and [...]

Acquisition by Six Degrees Group of Key Account Management Limited

,

2017-12-07T16:48:15+00:00

HMT were delighted to assist the new managed data services business, Six Degrees Group, on the acquisition of Key Account Management Limited (“KAM”). KAM is its fourth acquisition as Six Degrees seeks to consolidate a fragmented market. KAM was established in 2001 by Mr Ian Lewis with the acquisition of a customer list from Telia, and currently provides telecommunication products and services including voice and data services to mobile, VoIP, systems integration solutions and professional consultancy services to [...]

MBO of Tessella Limited

, ,

2017-11-29T21:11:14+00:00

HMT, led by partner Andrew Thomson and associate director Holly Bedford, advised Newco and existing management on the management buyout of Tessella Limited. Mobeus Equity Partners supported the buyout and founder Kevin Gell retains a significant minority stake plus continues to serve as a board member. Founded in 1980, Tessella is an international provider of science powered technology and consulting services. World leading organisations choose their unique blend of science, engineering and sector expertise to deliver innovative and [...]

Acquisition by Six Degrees Group of Datahop Limited

,

2017-12-07T16:41:04+00:00

HMT were delighted to advise Six Degrees, the managed data services provider, on its acquisition of Datahop Limited (“Datahop”). The deal was funded by Penta Capital and Clydesdale Bank. Datahop is Six Degrees’ eight acquisition since it was formed in 2011 as it continues with its buy and build strategy.  The group, led by Alastair Mills, is a data centric reseller of converged business communications. Datahop is a provider of a range of port connections across a high [...]

Acquisition by Six Degrees Group of Ultraspeed Limited

,

2017-12-07T16:43:20+00:00

HMT were delighted to advise Six Degrees, the managed data services provider, on its acquisition of Ultraspeed Limited (“Ultraspeed”). The deal was funded by Penta Capital and Clydesdale Bank. Six Degrees is a new technology group led by Alastair Mills with the objective of creating a new data centric reseller of converged business communications through a buy and build strategy. The acquisition of Ultraspeed is Six Degrees’ sixth since it was formed in 2011. Ultraspeed is a managed [...]

Acquisition by Six Degrees Group of Blue Square Telecom Limited

,

2017-12-07T16:45:46+00:00

HMT were delighted to advise Six Degrees, the new communications business, on its acquisition of Blue Square Telecom Limited (“BST”). The deal was funded by Penta Capital and Clydesdale Bank. Six Degrees is a new technology group led by Alastair Mills, with the objective of creating a new data centric reseller of converged business communications through a buy and build strategy. The acquisition of BST is Six Degrees’ fifth in as many months. Based in London, BST, which [...]