We’re delighted to have advised the shareholders of ONI Limited on their sale to Thrive UK Holdings Limited
Established in 1992, ONI is a leading provider of IT solutions and services to both public sector and commercial markets. The acquisition of ONI provides Thrive, which is US based and backed by US private equity firm Court Square Capital Parents, with the opportunity to expand on this side of the ocean.
Daisy Divoka, Senior Associate in our Corporate team commented: “It’s always a real pleasure to work with our clients and be able to see them grow their business and eventually take them through to a successful exit. Every deal has its own challenges and this transaction wasn’t an exception to the rule. It was immensely satisfying to see the wider sell side team come together and deliver a great outcome for the shareholders. Kevin, Mark, Richard and the rest of the ONI shareholders have been brilliant to work with and I wish them well in the next part of their journey as part of Thrive”.
Kevin Kivlochan, Chief Executive Officer and co-founder of ONI commented: “I was truly amazed and impressed by the dedication and professionalism, the whole team were extremely knowledgeable and helpful and guided us through the process brilliantly."
"I would not hesitate to recommend them to anyone considering this kind of project. Thanks to all at EMW."
The EMW team was led by Ian Morris, assisted by Daisy Divoka, Jemima Clarke, Hollie Tompkins, Amanda de-Bruyn, Priya Magar (Employment), Nardip Bhamra and Terence Ritchie (Real Estate) and Amelia Collins (Commercial, Technology and Data).
Get in touch
For more information about this deal please contact Daisy Divoka, or give us a call on 0345 070 6000.
Our Corporate team advises companies, management teams, investors and debt providers from business start-ups through to mergers and acquisitions, management buyouts, development funding and exit.