2016 Sell-Side Transaction: Sale of Richardson Eyres (NE Computing plc)
Sale of Richardson Eyres to telent Technology Services Limited
• Established 30 years ago, based in Buckinghamshire, England, Richardson Eyres (“RE”) provides data center technology infrastructure solutions & services for large organizations in the UK and Europe. Clients include many of the world’s large banks, pharma companies, law firms, retail and online businesses.
• Telent based in Warwickshire, England, designs and delivers solutions/services enabling certain leading UK and global organizations to create, improve and maintain mission critical communications networks.
• RE engaged HT Capital to facilitate a transaction with a strategic acquirer who would continue and build upon the company’s legacy, while adding capabilities with which to service existing and new customers.
• After extensive dialogue and negotiations with foreign and domestic buyers, RE determined a transaction with telent would be of greatest benefit to their staff, customers, and vendors.
Richardson Eyres benefited from senior HT Capital bankers’ Business & IT Services experience, industry contacts, and knowledge of international markets and transactions