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New Deal


Announced

Completed

Air IT completed the acquisition of MFG UK and INFINITY.

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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Acquisition

managed it services

Completed

Domestic

Majority

Single Bidder

United Kingdom

Private

it products

IT Services: Other

it services

Friendly

Synopsis

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Air IT, a managed services provider, completed the acquisition of IT services providers MFG UK and INFINITY. Financial terms were not disclosed. "We are thrilled to have found two more outstanding teams to join the Air IT Group, which has allowed us to further expand our footprint and introduce skilful, like-minded colleagues to the team," John Whitty, Air IT CEO.

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