Penntech IT Solutions

Dynamic Networks Group has acquired Penntech IT Solutions, a leading London-based IT managed services provider, in a deal that strengthens its suite of market-leading software and hardware solutions.

Summary of transaction details:

• Value: Not disclosed
• Sector: Software & SaaS
• Advisor: KBS Corporate
• Key Entities: Dynamic Networks Group, Penntech IT Solutions
• Location: London

Note: The acquisition is part of Dynamic Networks Group's strategic journey to create a market leader in IT Managed Services and brings a new London presence to the group.