Successful sale of Bizzy25 Holdings Limited and Data Store 365 Limited on the successful group sale to Bechtle
Nick Lloyd from our Corporate Team assisted by Ross Hayward, Samantha Randolph, Ilayda Balci and Amanda De Bruyn is delighted to have advised the owners of Bizzy25 Holdings Limited and Data Store 365 Limited on the successful group sale to Bechtle, one of Europe’s leading IT providers.
Founded in 1995, the Northampton based group companies specialise in managed IT and cloud services and cyber security solutions complimenting the existing activities of Bechtle in the UK. The group, together with Bechtle, can accelerate growth and expand its offering to its customers as one of the top 10 IT solutions providers in the UK. The executive management team of ACS will remain in their current roles and oversee the process of integrating the company into the Bechtle Group together with James Napp, Managing Director of Bechtle direct UK.
Jon Thorpe, co-founder, said:
“We started our business working with EMW. Great lawyers who have become friends with shared values and a will to get the job done.
For the Bechtle acquisition, we needed partners that we could trust at the highest level. With Nick, the wider team and MHA, our Corporate Finance Partners led by James Lawson, we were in safe hands. Everyone worked day and night to get this deal over the line. I can’t thank them enough. Trust, expertise and good company. I think it’s my round Nick!”
Nick Lloyd, Chair, said: EMW also started in Northampton in the 1990s and we have known Jon and the ACS team pretty much since day 1. So it’s been a huge pleasure to assist the shareholders to this moment and to place their wonderful business in great hands going forwards. The sale process was massively facilitated because of the shared ACS/EMW attitude: to think hard; work hard; roll up your sleeves; and to keep smiling in those moments of adversity. Really, really enjoyed getting this away for the whole ACS team.
Get in touch
For more information about this deal please contact Nick Lloyd.
Our Corporate Team advise companies, management teams, investors and debt providers from business start-ups and first round finance agreements through to mergers and acquisitions, management buy outs, development funding and exit.