Acquisition of First eBusiness by Incremental Group

Deal typeM&A
IndustryTechnology & Media

Incremental Group Limited backed by Maven Capital Partners has acquired 100% of the share capital of First eBusiness Solutions Limited. FEB is an award-winning Microsoft Dynamics ERP and infrastructure specialist which has a strong client base in the public and commercial sectors. FEB provides the platform for Incremental Group to provide a range of digital services including ERP systems, consultancy and analytics to the oil and gas, financial services and public sectors across the UK. BDO advised Incremental Group.

"From the very first meeting with the BDO team to set out our vision to build a new UK-wide digital services business, we quickly realised that it was a team that understood the technology market in the UK and one that would be a valuable partner to us in delivering that vision over the coming years.

The BDO team stood alongside us through what was a roller coaster of a journey and were instrumental in getting the initial MBI transaction over the line. Their understanding of seller dynamics, quality of advice, pragmatic approach and professionalism in controlling the process from start to finish were key facets that ultimately contributed to the successful completion of the deal. It was a pleasure to work with the team and we now have an advisory partner that will be with us for the whole journey."   

Stuart Kerr, CFO, Incremental Group Limited