Fri, 06 Oct 2017 | MBO/MBI
The private equity firm Tenzing has back a management buyout of a Leeds-based cyber security business.
Tenzing, a company that targets buyout investments in UK SMEs with high organic growth valued up to £50 million, has supported the incumbent senior management team at Smoothwall, as led by chief executive Michael Marks. They have also introduced a new chairperson Lisa Stone, and non-executive director Richard Hurd-Wood.
Christian Hamilton, co-founder and joint managing partner at Tenzing, said: "Everyone at Tenzing is delighted to be able to team up with Lisa, Michael and their colleagues at Smoothwall, to invest in and accelerate the growth of this market leading technology that has significant benefits to future generations and our wider society.
"We look forward to helping them materially invest in their sales team, develop new products and grow their business internationally, whilst enjoying the journey with the whole team at Smoothwall."
Since 2001, Smoothwall has specialised in real-time, content aware web filtering technologies combined with a next generation firewall. Their work has spread across the education, government, healthcare, third sector and business sectors.
Find a business for sale
Subscribe to Business Sale Report
This opportunity would be an ideal bolt on for an existing lighting retailer looking to further expand its operations. The business has a long established relationship with their very loyal customer base, lending to its superb reputation. Offers...
LEASEHOLD
Offers an extensive range of high-quality, hard-to-find children’s educational toys, books and learning resources for customers throughout the UK and Europe. Supplies its products to customers through a variety of online channels, including Amazon UK...
LEASEHOLD
The business has created a market leading app, providing a B2B communication and onboarding platform for its customer base. The app is an innovative and easy-to-use platform, reinventing a law firm’s client experience - enabling digital onboarding an...
LEASEHOLD
|
06
|
|
Dec
|
Administrators to seek buyer for Somerset craft brewer | ADMINISTRATION
Somerset-based craft beer brewer The Wild Beer Co has entere...
|
05
|
|
Dec
|
ENT healthcare firm acquired at 9.2x profits | BUSINESS SALE
HL Healthcare Ltd, a Warwick-based business selling over-the...
|
02
|
|
Dec
|
Kingswood continues acquisitive growth with £12.4m deal | BUSINESS SALE
Wealth management consolidator Kingswood Holdings Ltd has co...
Sign up to receive our acquisition alert emails to get your FREE guide
|
06
|
|
Aug
|
Tenzing generates 5.6x return with £75.5m Smoothwall sale | BUSINESS SALE
Tech investment firm Tenzing has sold Leeds-based educationa...
|
23
|
|
Jun
|
Tenzing-backed Smoothwall acquires EdTech monitoring firm | BUSINESS SALE
Smoothwall, a Leeds-based safeguarding tech firm backed by T...
|
16
|
|
Jun
|
Tenzing portfolio company makes fourth acquisition in eight months | BUSINESS SALE
Outsourced payroll services company Online Payrolls has been...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources