Harris Williams & Co. Advises Darwin Private Equity on its Acquisition of Attenda Limited
Harris Williams & Co. Ltd, premier middle market investment bank, announces the acquisition of Attenda Limited (Attenda) by Darwin Private Equity (Darwin) from management and investors including M/C Venture Partners for a total consideration of £50 million. Harris Williams & Co. acted as the exclusive financial advisor to Darwin. The transaction was led by Thierry Monjauze, Francois Morin, Bobby Virdi and Murathan Basyazgan of the firm's Technology, Telecom & Digital Media (TTDM) Group in London.
Thierry Monjauze, a managing director and head of Harris Williams & Co.'s European advisory practice commented, "Attenda is a high quality asset which has demonstrated consistent growth driven by its ability to offer customised and complex IT solutions to its customers. The investment by Darwin is a perfect partnership for Attenda and will enable it to accelerate its growth and build upon its market leading position."
Established in 1997, Attenda is a leading provider of business critical managed hosting services to UK enterprises. Attenda hosts and manages its clients' mission critical applications, ensuring that they are "Always On", providing clients with higher availability and systems flexibility at lower cost. With its business centric approach and utilizing its proprietary Cloud management platform, Attenda provides services and solutions in the client's chosen environment, ranging from pure Cloud computing deployments through to more dedicated, tailored solutions.
Darwin is a leading independent private equity firm investing in UK businesses with enterprise values of between £10 million and £100 million. Founded in 2007, Darwin is currently investing from Darwin Private Equity I LP, which has commitments totaling £217 million from blue chip investors including Goldman Sachs, Pantheon Ventures, LGT Capital Partners and RIT Capital Partners plc.
M/C Venture Partners is a private equity firm focused exclusively on the communications, media and information technology sectors. The firm has invested over $1.5 billion into nearly 100 companies in those sectors.