KBS Corporate has advised on the sale of Gap Consulting Ltd to Incremental Group for an undisclosed value.
Based in Cheshire, Gap Consulting is among the largest specialist Microsoft CRM practices in the UK. The company offers CRM strategy & advice, along with CRM project rescue, infrastructure and customer engagement support.
The company works across the public sector, not-for-profit and professional service sectors and have provided high-quality CRM solutions to a wide range of clients, of varying sizes.
The company works closely with clients to provide a professional, reliable service, built on a depth of knowledge and experience. For this reason, Gap Consulting are highly successful within the industry.
The key reason behind the transaction was to enable the current MD, Andy Dudley, to take his first steps towards retirement, although Andy will continue to be involved for a handover period. The other shareholders, Trev White and Mark Hatcher, will continue to be heavily involved in the Company going forward.
Incremental Group, which is based in Glasgow and is backed by Maven Capital, Scottish Investment Bank and Clydesdale Bank, is a digital transformation specialist and offers a wide range of services within digital technology. The acquisition of Gap Consulting strengthens its CRM service arm, whilst also allowing for geographic expansion and diversification.
Guy Haynes, Corporate Director at KBS Corporate, advised on the deal and commented: “It was clear from the outset that Incremental Group was a very strong fit for our clients, who were prepared to move very quickly and decisively despite other suitors being at a more advanced stage. Gap is an excellent company led by excellent people, and it was no surprise that the bidding process was a highly competitive one, comprising buyers from the UK and overseas. Incremental are an ambitious organisation with strong growth targets, and the integration of Gap should strengthen their offering considerably.”
Legal services were provided by Gateley PLC to the sellers, and Burness Paull to the buyers, with BDO providing Corporate Finance advice and Campbell Dallas Financial Due Diligence to the buyers.