Successful network and end point security specialists Metadigm Limited has been sold to a management buy in team. The sale, facilitated by Prism, allows the Managing Director to pursue other ventues. The new owners, Nick Scot and Jason Simper, formed Blend IT Group as a...
Continue readingWe have appointed a new and highly experienced non-executive Chairman to our team. Robert Ferguson, a Chartered Accountant who until recently worked as the Senior Partner for KPMG East Anglia, joins our team having taken the decision to retire from the global professional services company....
Continue readingPrism has facilitated the sale of one of the UK’s leading online battery retailers to one of the largest trade distributors of branded batteries. Husband and wife team Christian and Barbara Karg established Battery Force and within just six years turned it into a highly...
Continue readingIn November 2009 we held our London seminar entitled ‘Maximise the Value of your ICT Business‘ at the Honourable Artillery Company’s headquarters in the City. For owners/managers of ICT businesses and associated intermediaries, the aim of the seminar was to advise delegates on...
Continue readingAs briefly mentioned in last month’s newsletter, this month we look at the opportunities that arise from buying a distressed business. Chris McKay, a Chartered Accountant, licensed insolvency practitioner and an Associate at McTear Williams & Wood, highlights the...
Continue readingPrism has announced the sale of RapidHost Ltd, an internet hosting, backup and email services company to the fast growing software solutions and IT services provider, Innovise plc (AIM: INNO).
Continue readingPrism recently commissioned a research project into M&A in the ICT sector, specifically concerning medium sized companies (£0.5m to £10m turnover range). The research looked at attitudes towards succession and growth, the basis for valuations and the thinking underlying sales and acquisitions. We have just...
Continue readingPrism Corporate Broking has advised Systems Administrators Limited in the sale of 100% of the share capital to Clearsprings (Management) Limited, a leading provider of accommodation and support services in the UK. Established in 1999, SysAdmins is a managed IT services group now employing over...
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