Acquisition of Memset by iomart group plc

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryTechnology & Media
BDO.LiveSite.Deals.ClientNameiomart group plc

iomart group plc completed the acquisition of Memset for an initial consideration of £3.3m, with a further maximum consideration of £0.9m. Memset is a well-established business providing dedicated and virtualised private cloud infrastructure to around 2000 customers.

BDO advised iomart group plc on the acquisition.