Alantra advises Perwyn on its investment in Agilitas IT Solutions Limited



Nov 2020
Buy-side advisory

Alantra, the independent global mid-market investment banking firm, has advised private equity fund Perwyn on its majority investment in Agilitas IT Solutions Limited (“Agilitas”), a leading global provider of “inventory-as-a-service” (“IaaS”) solutions focused on the IT supply chain.

Founded in 1990, Nottingham-based Agilitas is a leading provider of global tech solutions for IT channel partners including resellers, managed service providers, system integrators, vendors and distributors.

The company has over 2,000 stocking locations in more than 60 countries and a partner network of over 22,000 technical experts providing services including maintenance services, technical support, professional services and specialist engineering resource.

Agilitas has captured the shift in the way the IT channel operates, with partners increasingly looking to outsource inventory management and move away from a capex-led to opex-led model.  The growth of cloud solutions, remote working and a greater dependence on IT have all been significant factors in the growth seen by Agilitas. Coupled to this is a need for increasing international reach, both for end-users and partners, something Agilitas has successfully advised on.

The Alantra team comprised James Chapman-Andrews, Richard Sanders, Rena Sandhu, Tom Stoten and Tom Nash. Richard Sanders, Head of Midlands, and member of Alantra UK Technology team, commented: “We’re pleased to have advised Perwyn on its investment in Agilitas, which has a great opportunity to capitalise on the huge growth potential in the Inventory-as-a-Service market. This is an area that is seeing considerable growth driven by the increasing adoption of outsourced inventory management by the IT channel and Agilitas is very well placed to capitalise on this shift.”

Alantra has significant experience in advising businesses that operate within the ICT services market, recent transactions include advising ECS on its international sale to GlobalLogic; Giacom on the sale of the business to Digital Wholesale Solutions, a division of Daisy Group; Graphite Capital on its £90m acquisition of Babble; Sol-Tec on its sale to IT Lab; Bowmark Capital on its investment in Focus Group; Livingbridge on its reinvestment in M247; and MML Capital on its investment into Arrow.

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