IT Solutions 4 Business Ltd

Business Acquisitions Watersheds, the Corporate Finance specialists, are pleased to confirm the strategic acquisition of 1st Solution Computer Services Limited and 1st Solution Internet Limited by their client, IT Solutions 4 Business Limited (ITS).

Having grown organically for a number of years, the Directors of ITS wanted to accelerate the process by making a strategic acquisition.  Watersheds was appointed to deliver this programme and started by sourcing suitable targets that would add real value to ITS’s operations.  Watersheds was soon able to identify and introduce several businesses that closely matched the acquisition criteria.  For ITS, it was important that Watersheds found companies that offered real synergies, where the owners had a genuine reason to sell and at a fair price.  After a number of meetings, the Directors of ITS selected their preferred acquisition target, 1st Solution.  Watersheds used its expertise to negotiate the terms and structure of the transaction and then project manage the process, working alongside ITS’ other advisors, through to a mutually successful completion.

ITS is an award-winning provider of IT support services who are based in Notton, near Chippenham, Wiltshire. ITS provide 24/7 national and international IT support for businesses, as well as offering IT consultancy, project work and cloud-based solutions.  Their mantra is “if technology isn’t making your business more productive, more efficient and more profitable then it is not doing its job”.

Sue Green, Partner at Watersheds, commented “I have enjoyed working with ITS on this transaction and I am really pleased for them that they have made their first major acquisition.  Knowing the Directors well I am confident that they have the drive and focus to ensure that this acquisition will be a major success and will provide the springboard for future growth.”

Following completion of the acquisition John Mathews commented “Watersheds has put a lot of effort into finding the right acquisition for us.  Without Watersheds’ understanding of our requirements and assistance through all stages of the transaction the acquisition would not have been possible.  We look forward to working with Watersheds on future opportunities.”

Legal advice was provided by Mr Paul Stone of Temple Bright solicitors in Bristol.

Back to Deals
For more information please get in touch
For more information please get in touch

Get in touch

For more information call us on Northampton 01604 660511 or Swindon 01793 719788

For more information call us onNorthampton 01604 660511 or Swindon 01793 719788