Human-centric IT support experts Iglu bring together sector expertise and operational maturity to provide cloud, IT support and digital transformation services across the SME sector - unlocking the power of technology.
Iglu Tech Group were looking to acquire Impreza Computer Services to support their ambitious growth strategy, especially after their recent relaunch under their new brand. To complete this, Iglu required a pre-lend to raise capital for the acquisition, as well as comprehensive financial due diligence to cover any risk or potential opportunity around the significant investment into the complete purchase of Impreza.
Leading Digital & Cloud Transformation solution provider Iglu is a key Microsoft Partner and a leading light in the UK technology market, offering solutions and strategies to the SMB market via their cloud based Digital Workplace and Employee Experience platform.
Alongside our associates at Knight Corporate Finance, Advantage were able to offer a unique combined service which offered direct, relationship focused support, guidance and assistance across the entire acquisition – including advisory across the pre-lending, preparation with extensive FDD and support during execution. This was compounded when we found gaps within financial information that we were able to resolve with our extensive data analysis services.
IGLU
Working with K3A we were able to tap into extensive and incredibly detailed due diligence and data analytics advice, making a huge difference to the quality of the decisions I made.
Jason Yeomans, CEO, Iglu.
THE OUTCOME
Our Advantage/Knight combined service offering allowed Iglu to successfully complete pre-lend and secure a successful acquisition, on time and with both parties delighted with the completion.
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