KBS Corporate Advises on Sale of Andrews Computer Services Limited
In a management Buy In deal completed in July 2013, Tamal Saha acquired 66% of Andrews Computer Services, whilst remaining shareholder and Technical Director Adam Painter, will retain his shareholding and remain with the company, assisting with the continued growth and development of the business.
In a management Buy In deal completed in July 2013, Tamal Saha acquired 66% of Andrews Computer Services, whilst remaining shareholder and Technical Director Adam Painter, will retain his shareholding and remain with the company, assisting with the continued growth and development of the business.
The company, established in 1986, provides the installation, management, and maintenance of SME I.T. systems, specialising in Sage products. With a high profile dealer status with leading brands including Microsoft, HP, Epson and Canon, Andrews Computer Services boasts a loyal client base and has retained a stable turnover and profits since its inception.
Both Vendor and Buyer had an instant rapport from the offset, which, combined with Tamal’s professional experience within the industry, gave them confidence and reassurance in disposal of their shareholding to him. The transaction was straightforward and offered an ideal foundation for rapid expansion provided by high levels of investment and ongoing strategic acquisitions.