BDO provides sell-side advice as Converge Technology Solutions UK is acquired by Inspirit Capital
BDO provides sell-side advice as Converge Technology Solutions UK is acquired by Inspirit Capital
BDO’s M&A team provided sell-side advice as Converge Technology Solutions UK (“Converge UK”) was acquired by Inspirit Capital, a specialist investor in corporate carve-outs.
Headquartered in Stafford, Converge UK is a market‑leading IT recycling and technology solutions specialist, delivering managed services and comprehensive circular‑economy solutions.
With a heritage spanning more than 30 years, Converge UK has established a strong reputation as a trusted provider of end‑to‑end technology services across the public, private and education sectors. The business supports customers throughout their digital transformation journeys and offers integrated capabilities across IT procurement, managed services and IT asset disposal.
Commenting on the deal, Tim Westbrook, MD at Converge UK, said: “With Inspirit Capital’s support, we have a strong platform to accelerate our strategic ambitions, invest in our capabilities, and expand our market presence. This partnership allows us to continue delivering the consistent, high-quality service that has underpinned our long-standing customer relationships, and we’re excited for the future.”
BDO acted as the lead M&A advisor to Converge Technology Solutions UK shareholders and management team. The deal was led by Paul Russell, Peter McClay, Edmund Irvine-Fortescue and Saleisha Ford in BDO’s M&A team. Debt Advisory was provided by Ross McDonald, Steve Carr, Will Reeve, Emma Morris and Sarah Fruchart at BDO. Other advisors on the sell-side were Eversheds Sutherland (Legal), RSM UK Corporate Finance (Finance DD) and EY Parthenon (CDD).
Inspirit was advised on the transaction by EY Parthenon (Debt Advisory), Stephenson Harwood (Legal), PMSI (Commercial) and Evology (Operational).
Tim Westbrook added: “BDO’s M&A team provided exceptional support and guidance throughout the transaction. Their clear recommendations and deep technical knowledge ensured the seller team were fully informed and confident in every decision. The outcome delivered is excellent for the business and our employees, and I would highly recommend the BDO M&A team for businesses looking for sector expertise and technical insight combined with a commercial approach.”
BDO partner, Paul Russell added: “Converge UK is recognised for its high-quality service delivery, sustainability-led approach, and deep customer relationships. We are delighted to have worked closely with the Converge UK team and shareholders to help deliver a successful outcome for the business. The team’s recognition of our experience in the IT services sector allowed us to support them effectively throughout the process. We wish Converge UK and Inspirit every success as they move forward on their growth journey together.”
ENDS
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