Mark Chewins, Ametje Rist, Mike Hellens, Newport Investments and Reonet completed the acquisition of Syntell from EOH.

Mark Chewins, Ametje Rist, Mike Hellens, Newport Investments, an investment manager, and Reonet completed the acquisition of Syntell, a provider of technology-based services & systems, from EOH, a developer of information technology solutions and strategies. Financial terms were not disclosed. “Given the limited capital available to EOH until such time as the balance sheet is deleveraged, coupled with the extensive knowledge and access to capital that the management consortium possesses, the value of Syntell to EOH is better optimised through a sale to a new shareholder,” EOH.