MBO at cyber security firm backed by Tenzing

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


Share this article



Latest Businesses for Sale

Plastics Recycling & Reprocessing Plant Business
UK Wide

This well established and successful plastics recycling business which operates as a partnership is one of the largest and most significant recycling businesses in the south of England, with a well-earned reputation for the breadth of its services an...

Asking Price: £250,000
Turnover: £900,000

LEASEHOLD


Unique Corporate/ Family Sports & Interactive Laser Products
UK Wide

Good track record of sales across 70 countries, including the USA, with the product proving a popular attraction in the Leisure, Tourism and Corporate Entertainment sectors. Fully owned, protected technology: with no like-for-like competitor product...

Asking Price: Offers Invited
Turnover: £410,000

Sealed Glass Units Manufacturer
Hampshire, UK Wide

Established Since 1998 the business has become highly reputable and well known in its surrounding areas. Additionally holds a commercial customer base. Offers invited.

Asking Price: £368,000
Turnover: £618,856

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
10
 
Nov
 

BT to sell off its fleet division | DIVISION SALE

BT Group is preparing to sell its fleet management arm encom...

 
08
 
Nov
 

Open Cell to merge with Stratto | MERGER

Global investment firm, Digital Colony has acquired Open Cel...

 
06
 
Nov
 

Butcher chain falls into administration | ADMINISTRATION

Yorkshire-based butcher chain Crawshaw has fallen into admin...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
04
 
Feb
 

Broadcast publisher MBI completes MBO | MBO/MBI

The publisher of Broadcast, Media Business Insight (MBI) has...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources