The shareholders of Indecs Computer Services Limited and Indecs Computers Limited (together, ‘Indecs’), advised by Springboard Corporate Finance, have sold their business to Daisy Group plc, in a deal valued at £18 million.
About the deal
Indecs is a market leading provider of technical maintenance and support services for business critical, IT server and cloud storage faciilities. The business was sold to AIM listed Daisy plc, one of the UK’s fastest growing unified communications businesses.
How we made a difference
- Identified and approached a global pool of acquirers;
- Obtained a range of offers for the business, allowing the shareholders to fully assess their strategic options;
- Negotiated the transaction to secure an all cash deal, whilst obtaining a strategic valuation multiple; and
- Project managed the process throughout to defend value and secure a successful completion.
