Quercus Corporate Finance is delighted to announce the sale of Acal Enterprise Solutions Limited to its management team in a buy out backed by NVM Private Equity

Quercus Corporate Finance is delighted to announce the sale of Acal Enterprise Solutions Limited (AES) to Agilitas Holdings, a new company owned by the current management of AES and NVM Private Equity Limited.

The Quercus team, led by Amanda Hall and Nick Standen, advised the Board of Acal plc on the sale of AES. AES, based in Nottingham, provides a comprehensive parts support service to both the OEM and maintenance markets. It primarily supports end of service life mid-range and mainframe enterprise systems, such as computer servers and data centres.

Amanda and Nick have been working with the Board of Acal since 2007 when they advised on the £41m sale of Acal IT Solutions to Avnet. AES is the last of three businesses to be sold from Acal’s Supply Chain Division. EAF (UK) and EAF GmbH were sold from this division in January 2013 and November 2013 respectively.

Amanda Hall, Founding Partner of Quercus said “Nick and I are pleased to have successfully advised Acal on the sale of AES. The disposal reflects Acal’s continued strategy of building a specialist electronics supplier to the industrial and medical sectors and we wish the Agilitas management team every success in the future. This is our fourth deal completion since forming Quercus and we look forward to continued success over the coming months.”

Acal Group Chief Executive, Nick Jefferies added “Acal have worked with Nick and Amanda over a number of years. We appreciate their straightforward, objective advice and the years of experience they bring to a transaction. Given the complexities of this transaction their hands-on, partner led approach was key to getting the deal over the line. We look forward to having the opportunity to work with the Quercus team again in the future”.

Contact : Amanda Hall : 07973 417087 : amanda.hall@quercuscf.co.uk

Quercus Corporate Finance is a Southern based advisory firm dedicated to delivering the very best quality transactional advice to mid-market companies, entrepreneurs and business owners. Its partners have spent collectively over 80 years completing deals and advising owner managers, corporates and private equity investors. Each has held leadership positions in one of the Big 4 Corporate Finance practices and their track record boasts over 250 successful transactions.