Amito owns and operates the largest, most efficient, and secure data centre in Reading, and delivers colocation services through a network of 20 facilities across the UK.
What we did
Our transaction services team were instructed to provide financial and tax vendor due diligence to data centre owner and operator Amito on its minority investment from Harwood Private Equity.
Harwood Private Equity is a leading investor in UK lower midmarket companies. Based in Mayfair, the firm has a portfolio including podcasting business Audioboom, vehicle insurer Tradewise Insurance Services and eyewear brand Inspecs.
We are delighted to have completed our first vendor due diligence given that our transaction services offering was established just 18 months ago. The deal, worth £38.7 million, will enable the business to move forward with its ambitious plans for expansion.
In Harwood, the business has found the ideal partner to help take it to the next stage of its development, and we look forward to seeing how Amito progresses with this new support.