ADNS

ADNS, a Teesside-based IT managed services provider, has been acquired by Owlis, a new technology group launched by private equity firm Ansor.

Summary of transaction details:

• Value: Not Disclosed
• Sector: Software & IT
• Advisor: KBS Corporate
• Key Entities: ADNS, Owlis, Ansor
• Location: UK

Note: The acquisition reflects the growing trend of acquisition-led growth within the technology sector, as companies seek to expand their services and capabilities through strategic acquisitions.