Venture Corporate Finance advises the shareholders of NCI Technologies on its sale to Croft.
Venture Corporate Finance has successfully advised the shareholders of NCI Technologies, a renowned managed IT services provider, on its strategic sale to Croft. Croft is a leading provider of bespoke managed IT and communication services to businesses across the UK. This acquisition represents a significant milestone in the growth and expansion of Croft, further solidifying their market position and enhancing their service offerings to a broader client base.
This latest major transaction underscores Venture Corporate Finance’s status as the premier sell-side advisory firm for IT and technology entrepreneurs. By focusing exclusively on sell-side advisory services, Venture Corporate Finance has developed a deep understanding of the unique challenges and opportunities within the technology sector. This specialization enables them to provide tailored advice and support to their clients, ensuring successful outcomes in complex transactions.
The shareholders of NCI Technologies were supported by the expert legal counsel of the Wordley Partnership, a distinguished law firm known for its expertise in corporate transactions. The legal team, led by Nick Foster, provided comprehensive legal guidance throughout the process, ensuring that all aspects of the transaction were meticulously addressed. Their involvement was instrumental in navigating the legal complexities and ensuring a smooth and efficient sale process.
NCI Technologies has built a strong reputation for delivering high-quality managed IT services to its clients. The sale to Croft is expected to benefit both companies significantly, leveraging their combined expertise and resources to drive innovation and growth. Clients of NCI Technologies can look forward to an enhanced range of services and support, backed by the extensive capabilities of Croft.
This transaction highlights the continued consolidation in the managed IT services sector, as companies seek to enhance their competitive edge through strategic acquisitions. Venture Corporate Finance remains at the forefront of this trend, providing invaluable advice and support to technology entrepreneurs looking to achieve their strategic goals through successful exits.
