.
MergerLinks Header Logo

New Deal


Announced

Completed

Horizon Capital completed the acquisition of a majority stake in Modern Networks for €46m.

Financials

Edit Data
Transaction Value£40m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

United Kingdom

Acquisition

IT Services: Other

Domestic

Private Equity

Friendly

it solutions

Private

Majority

Completed

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US