MONOCHROME CONSULTANCY FINDS NEW HOME WITH DIGITAL TRANSFORMATION SPECIALIST - KBS Corporate

MONOCHROME CONSULTANCY FINDS NEW HOME WITH DIGITAL TRANSFORMATION SPECIALIST

Monochrome Consultancy Ltd has been sold to a leading digital transformation services provider with the assistance of Matthew Sibley, Associate Director at KBS Corporate.

Monochrome Consultancy Ltd has been sold to a leading digital transformation services provider with the assistance of Matthew Sibley, Associate Director at KBS Corporate.

In 2017, Hampshire-based Monochrome was founded to become the trusted delivery partner of national customers for IT, projects and complex change consultancy solutions.

Over the last six years, the business has achieved considerable year-on-year growth and is well regarded in the IT and cyber security markets.

Monochrome Director Dan Wright aimed to find a buyer who would accelerate the company’s growth and also value the Monochrome team.

The company generated significant international interest in the consultancy M&A space, owing to Dan’s passion for Monochrome.

Matthew Sibley advised: “It was a great process — Dan is an exceptionally well-organised professional that drives the business forward. He was focused and very amenable in discussions with interested parties.”

The company is now part of Kerv Group, a growing organisation specialising in collaboration, transformation and digital evolution.

Kerv has grown exponentially throughout its time in operation and is now partnered with global organisations such as Microsoft, Citrix and Genesys.

“This sale is a great example of when you find a synergy buyer for a company that sees the value and potential in it,” said Matthew.

“Kerv could see this was more than just geographical expansion and a larger client portfolio. It was a chance to bring Dan and his team into the group and really enhance the wider offering.”

Dan Wright is excited to work alongside Kerv and commended Matthew’s role throughout the transaction.

“This acquisition presents us all with a great opportunity,” said Dan. “The Kerv senior management team and I share close values and culture, which means that it feels like the right place to be.

“Matthew introduced us and had it not been for this, I would not have found Monochrome’s new home. He was great to work with and quick to support me whenever I needed advice, which definitely helped as this was my first time selling a company.”

Dan Wright will continue as Managing Director of Monochrome, which now acts as the consultancy practice within Kerv Group. To learn more, please visit www.monochromeconsultancy.co.uk or www.kerv.com.

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