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New Deal


Announced

Completed

Providence Equity Partners-backed Node4 completed the acquisition of TNP (The NAV|365People) from FPE Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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digital solutions

Cross Border

Completed

Majority

Digital Services

Private Equity

United Kingdom

Private

Friendly

Acquisition

microsoft partner

Single Bidder

Synopsis

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Providence Equity Partners-backed Node4, a provider of end-to-end hybrid solutions, completed the acquisition of TNP (The NAV|365People), a specialist provider of implementation services and support for Microsoft Dynamics 365 Business Central, Dynamics NAV and Microsoft’s Power Platform, from FPE Capital, a private equity firm. Financial terms were not disclosed. "TNP is a hugely impressive organisation and this acquisition is an important part of our ongoing growth strategy. Everything from its leadership and team to culture and capabilities resonates with the approach we have here at Node4. They have an ambitious and compelling organic growth plan in an important segment of the technology industry and TNP’s technical capabilities and credentials in NAV, Business Central and Power Platform ideally complement Node4’s already comprehensive portfolio of services. We’re confident that together we can deliver the market-leading end-to-end services that customers are increasingly looking for," Andrew Gilbert, Node4 CEO.

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