Strategic Investment in Acora Holdings Limited by Palatine Private Equity
Deal TypeM&A & Private Equity
IndustryTechnology & Media
Acora Holdings is a leading IT managed services provider to the UK mid-market. The Company has grown organically and through acquisition in recent years, with strategic focus on delivering high levels of annuity revenue to a quality and expanding customer base.
The investment by Palatine Private Equity provides the ambitious management team with the requisite firepower to upscale and accelerate the growth plan. This exciting new chapter will be truly transformative for Acora, as the Company embarks on its organisational objective of becoming the provider of choice for the UK mid-market.
"Following a number of years of consultative guidance whilst building towards an investor event , Paul Russell and the BDO team provided the key market insights in identifying the potential investment partners that matched both the ambition and culture of Acora.
From launch to exclusivity and completion – the deal was executed to timetable at high speed and efficiency. We were delighted with the BDO team’s appetite to support Acora at all hours throughout the process and I would not hesitate in recommending them.”
David Rabson, CEO, Acora Holdings Limited