M2 Computing

Deal Overview

Deal Name: PROJECT ALCAZAR

Date Completed: 20 February 2025

We are thrilled to announce that M2 Computing Limited has been successfully acquired by Equity Networks Ltd, a UK-based managed IT service provider backed by Coniston Capital. The sale was facilitated by Venture Corporate Finance, further cementing our reputation as the UK’s leading sell-side advisor in the IT support, technology, and managed services sectors.

Deal Details

Dive into the details, behind the deal.

Value of Deal

< £5m range

Motivation for Sale

Aid the selling business to grow under new leadership.

Time to Completion

< 7 Months

Key Synergies

Customer focused approach
Strong technical expertise in IT MSP services
24-hour support

Challenges

The business needed support with pre-launch financial preparation from our Due Diligence support team. This enabled the financials and tax records to be ready when the business was going for sale, a solid Information Pack and a smooth Due Diligence process.

seller's profile

Seller’s Name

< £5m range

Type of Business

Aid the selling business to grow under new leadership.

Business Location

< £5m range

Sector

Aid the selling business to grow under new leadership.

Years In Operation

< £5m range

Number of Employees

Aid the selling business to grow under new leadership.

Key Business Highlights

High recurring revenues (over 80%)
Strong Technical team 
24 hour support offering
Strong Microsoft offering

Buyer's profile

Buyer’s Name

Equity Networks Limited

Buyer’s Profile

A growing IT-managed service provider

Buyer's Motivation

Market and technical expertise expansion to allow further customers to grow.

Equity Networks, a part of Coniston Capital’s portfolio, is known for its expertise in managed IT services and communication solutions. The acquisition of M2 Computing enables Equity Networks to further expand its reach, particularly in the South-East of England.

The alignment of the two companies will allow for increased service offerings and enhanced support for M2 Computing’s existing clients, while also providing a platform for continued growth.