Hazlewoods Corporate Finance supports market-leading IT services provider on latest acquisition

Business Support • Online • In Print • In Person

Hazlewoods Corporate Finance supports market-leading IT services provider on latest acquisition

FluidOne has recently announced its acquisition of Microsoft Gold Partner, Highlander Computing Solutions (Highlander).

With over 300 staff across six UK locations, FluidOne provides a range of services that complement the mid-market’s in-house IT structures, including connectivity, IT and cloud managed services, and cyber security.

With the acquisition of Highlander, a leading supplier of IT infrastructure and SME IT managed services headquartered in Sheffield, FluidOne are accelerating their ambitious growth plans by expanding their reach and delivery of innovative solutions into the North of England.

Russell Horton, FluidOne CEO, said: “Bringing Highlander into the group is an exciting move for us as their services really complement those in our existing portfolio, further strengthening our Connected Cloud solutions, as well as enabling us to bring a strong IT service offering to small and medium enterprises.”

Steve Brown, Highlander Computing Solutions Ltd. Managing Director, added: “FluidOne provides the right cultural fit, quality customer service and the opportunity to invest in Sheffield as an HQ and growing hub for SME IT and for enterprise IT infrastructure.”

Hazlewoods Corporate Finance team supported FluidOne with the acquisition, providing financial and tax due diligence.

Hazlewoods Director, James Whittaker, commented: “It was a real pleasure working with FluidOne on this transaction, with Highlander being a perfect fit for taking their growth plans forward. We wish both teams a prosperous future.”

Roy Hastings, FluidOne CFO, said: “We value our transaction advisers understanding our commercial deal objectives and then supporting us to ensure the target fits those objectives, as well as conducting a thorough due diligence review.

“James and the Hazlewoods team delivered on both objectives and supported our assessment of the transaction above and beyond their report, right through to the final negotiations. They were a full part of the team that delivered on a hugely important acquisition for us.”

If you are considering buying a business, selling your company or are looking for ways to finance your growth plans and would like to find out more about the process, please contact James Whittaker on 01242 680000 or email james.whittaker@hazlewoods.co.uk