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Bowmark Capital completed the acquisition of a minority stake in Focus Group.

Financials

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Transaction Value-
Consideration TypeCash
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Private

Minority

Completed

Acquisition

IT Services: Other

Private Equity

it solutions

Single Bidder

United Kingdom

Friendly

Synopsis

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Bowmark Capital completed the acquisition of a minority stake in Focus Group, a UK provider of communications and IT solutions. Financial terms were not disclosed. "We have been following the information and communications technology sector for a number of years, and have been impressed by Focus’s outstanding track record of growth, its service excellence, and by the vision and ambition of its management team. We are delighted to have the opportunity to support Chris, Ralph and the team as they capitalise on the company’s significant growth opportunities, both organically and through acquisition," Stephen Delaney, Bowmark Partner.

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