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New Deal


Announced

Macquarie Capital Principal Finance to acquire a majority stake in Zenzero Solutions.

Synopsis

Macquarie Capital Principal Finance, a global financial services organisation, agreed to acquire a majority stake in Zenzero Solutions, an IT company, from Fordhouse Capital, a business services focused investor. Financial terms were not disclosed. “I am extremely excited to lead Zenzero through its next phase of development and incredibly proud to work alongside our excellent team to take Zenzero to new heights. I am grateful to Fordhouse for the support they have provided in the early part of our journey. The opportunity for growth within UK SMEs, and the mid-market, for our services is clear. As a team, we look forward to building on our success to-date through the new partnership we have with Macquarie and continuing to invest in our people, service offerings and high-quality acquisitions,” Michael Bateman, Zenzero CEO.

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