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New Deal


Announced

Tenzing to invest in DJH Mitten Clarke.

Financials

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

Tags

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Management Consulting

Friendly

Private

United Kingdom

Single Bidder

Private Equity

Acquisition

Domestic

Minority

accountancy

Pending

Synopsis

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Tenzing, a private equity investment firm, agreed to invest in DJH Mitten Clarke, an operator of a chartered accountancy firm. Financial terms were not disclosed. “After talking to a number of potential investors, it was clear that Tenzing is the perfect fit for our business. Not only do they have a proven track record within the professional services and technology sectors, they also have a people-first approach, meaning we’re well and truly aligned. Tenzing’s philosophy is to back teams who they believe in, and support them to reach their own summit, which is exactly what we were looking for from a partner," Scott Heath, DJH Mitten Clarke CEO.

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