Deal History
Acquirer: Foresight Group
VS Group, a Lancashire IT business, has acquired a Liverpool IT managed services provider following investment by Foresight Group. Summary of transaction details: Value: Undisclosed Sector: IT Services Advisor: Nimbus Legal, JMW, K3 Advantage, Knight Corporate, Confidas People, Vista, Cyber Shadows, Brightbridge Search and Succession Partners Key Entities: VS Group, PC Support Group, Foresight Group Location: North West, UK Note: The acquisition will boost customer numbers at the enlarged group by more than 200 and will be the first of a number of bolt-on deals VS Group will make over the investment period.
Investor: Foresight Group
Foresight Group has invested in VS Group, an IT and cyber security specialist, as part of the investor's third dedicated North West SME fund. This investment facilitated VS Group's acquisition of The PC Support Group, expanding its customer base and operational footprint.Summary of transaction details:Value: UndisclosedSector: Business Services (IT & Cyber Security)Advisor: Not disclosedKey Entities: Foresight Group (Investor), VS Group (Target/Acquirer of PC Support Group), The PC Support Group (Acquired by VS Group)Location: North West, UKNote: This strategic investment by Foresight aims to support VS Group's growth ambitions, including organic expansion and further bolt-on acquisitions, capitalizing on the increasing demand for robust IT and cyber security solutions in a fragmented market.
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- Company Number
- 13043012
- Status
- Active
- Registered Address
- 24 Lidiard Gardens, Southsea, PO4 9LE, United Kingdom
- SIC Codes
- 43341812108122181229
- Persons with Significant Control
- Mr Viktor Sivakownership of shares 75 to 100 percent, voting rights 75 to 100 percent, right to appoint and remove directors
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