Iglu Tech Group Ltd (Iglu) have acquired 100% of Impreza Computer Services Limited (Impreza), representing a key milestone in their ambitious growth strategy whilst celebrating their one year anniversary since launching the Iglu brand.
Leading Digital & Cloud Transformation solution provider Iglu is a key Microsoft Partner and a leading light in the UK technology market, offering solutions and strategies to the SMB market via their cloud based Digital Workplace and Employee Experience platform. The Iglu team have developed several human-centric digital transformation solutions, covering every aspect of cloud technology, delivering measurable productivity enhancements to their customers.
Financial advisory experts K3 Advantage and Knight Corporate Finance provided a combined service offering unique to the advisory landscape. Rather than providing standard, generic execution, both teams partnered to deliver their distinctive service offerings to help secure a successful acquisition.
Transaction advisory experts Advantage provide honest, data driven advice designed to maximise performance and drive value. Advantage provided financial due diligence that allows businesses like Iglu to make better business decisions. Corporate Finance boutique Knight supported Iglu’s entrepreneurship across every stage of their lifecycle with their impartial advice. Both teams benefitted of being part of larger organisation K3 Capital,increasing the scope and potential of the acquisition, supporting Iglu and Impreza with their continued expansion.
Iglu CEO Jason Yeomans commented:
“I’d like to say a huge thank you to K3 Advantage who ably assisted us with outstanding financial advisory and due diligence, as we brought the Impreza business into our group.”
K3 Advantage Managing Director James Reed-Sperrin added “It’s exciting to be part of Iglu and Impreza’s journey to offer digital transformation and IT Managed services to businesses across the UK. It’s so motivating to work with a business with such an enterprising growth strategy.”
Chris Collins, Associate Director at Knight CF, said
“Jason and Iglu have delivered very strong organic growth year on year to reach a point where there was strong interest from a large number of funders creating a competitive process. This deal really showcases the capabilities of the K3 Group and how we can support and advise entrepreneurs and businesses.”
Iglu includes ISAAC Intelligence Limited, Guidance Technologies Limited and Impreza Computer Services Limited. Iglu were advised by James Reed-Sperrin at K3 Advantage, Chris Collins at Knight Corporate Finance, Karen Houghton at Nimbus Legal and Scott Jones and Maria Dako at Chelsea Corporate.
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