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
Interested parties should be in a position to submit initial expressions of interest no later than 5pm on 3 April 2020. South East based companies focusing on recruitment (temporary and permanent), engineering and site logistics for the construction...
Offers an extensive range of specialist property development solutions. Provides a multitude of security systems, including installation and maintenance. Works with circa 140 active clients, 85% of whom provide repeat business. Offered for sale to fa...
FREEHOLD
Company 1: High-end designers and makers of furniture and kitchens to both private individuals, and commercial clients. Fully bespoke and high value work. Company 2: A highly recognised brand, sheet materials cut to size, edge-banded and spray finish...
LEASEHOLD
|
31
|
|
Mar
|
Coronavirus Business Interruption Loan Scheme to cover business acquisitions | BUSINESS NEWS
The UK government has launched the Coronavirus Business Inte...
|
30
|
|
Mar
|
Tech group The Panoply acquires consultancy firm Ameo | BUSINESS SALE
Business consultancy firm Ameo has been acquired by AIM-list...
|
27
|
|
Mar
|
Addison Lee acquired by consortium of investors | BUSINESS SALE
Addison Lee Group, London’s biggest private care hire ...
Sign up to receive our acquisition alert emails to get your FREE guide
|
04
|
|
Feb
|
Broadcast publisher MBI completes MBO | MBO/MBI
The publisher of Broadcast, Media Business Insight (MBI) has...
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