Announced
Completed
Financials
Tags
Single Bidder
United Kingdom
Acquisition
IT Services: Other
Domestic
Private Equity
Friendly
it solutions
Private
Majority
Completed
Synopsis
Horizon Capital, a private equity investment firm, completed its acquisition of a majority stake in Modern Networks, a commercial property IT specialist, for €46m ($55m). “This was a deal of a lifetime and represented an exciting milestone in the history of Modern Networks. Having the absolute best possible advice was of paramount importance to us. I cannot thank David and Caroline enough for their advice and guidance during this process. I couldn’t be more impressed with their relentless dedication and upmost professionalism before, during and after the transaction," Matthew Reeve, Modern Network CEO & Founder.
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