Double Diamond Delivery

Spherica Business Solutions has completed the acquisition of a majority stake in technology consultancy Double Diamond Delivery. This strategic transaction aims to facilitate Double Diamond's growth and enhance its service offerings within the rapidly expanding digital transformation, AI, and automation sectors.

Summary of transaction details:

• Value: Undisclosed
• Sector: Technology Consultancy / IT Managed Services
• Advisor: KBS Corporate (Will Griffiths)
• Key Entities: Double Diamond Delivery (Target), Spherica Business Solutions (Acquirer)
• Location: Bath, UK (Target); Birmingham, UK (Acquirer)

Note: This acquisition is structured as a partnership, allowing Double Diamond Delivery to retain its operational autonomy and leadership while benefiting from Spherica’s investment and broader capabilities. This move secures Double Diamond's future, expands its market reach, and strengthens both entities' positions in delivering advanced technology solutions.