Equity Networks Acquires M2 to Expand IT Services
Deal News | Feb 14, 2025 | Coniston Capital
Equity Networks, a portfolio company of Coniston Capital, recently announced its acquisition of M2, an IT Managed Service Provider. This move marks Equity Networks' third acquisition under the partnership with Coniston Capital, aligning with its Buy & Build strategy. M2, based in Horsham, specializes in delivering tailored IT solutions, including managed IT support, Microsoft Office 365, and Microsoft Azure services, primarily targeting businesses within London and the South-East. The collaboration is aimed at enhancing the service offering and customer experience for both companies' clientele. According to Marcos Reid, Co-Owner and Director of Equity Networks, the integration of services is expected to provide substantial benefits to customers. Similarly, M2's Director, Greg Roffe, expressed enthusiasm regarding the partnership, highlighting the potential to deliver top-notch IT support by leveraging combined strengths.
Sectors
- Information Technology
- Private Equity
Geography
- United Kingdom – Both companies, Equity Networks and M2, operate and provide services in the United Kingdom, specifically focusing on London and the South-East.
Industry
- Information Technology – Equity Networks and M2 operate within the IT sector, providing managed services and IT solutions, which is at the core of this acquisition.
- Private Equity – Coniston Capital is a private equity firm that supports Equity Networks' growth strategy, exemplifying investment activities in the IT industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Equity Networks | Acquirer | Company | A portfolio company of Coniston Capital, focused on expanding its IT service offerings through strategic acquisitions. |
| M2 | Target Company | Company | An IT Managed Service Provider based in Horsham, offering tailored IT solutions and services. |
| Coniston Capital | Private Equity Firm | Company | A private equity firm supporting Equity Networks' growth through strategic acquisitions within the IT sector. |
| Marcos Reid | Co-Owner and Director of Equity Networks | Person | Executive involved in the acquisition of M2 to enhance customer experience and service integration. |
| Greg Roffe | Director of M2 | Person | Executive at M2, expressing enthusiasm for the partnership with Equity Networks to deliver quality IT support. |