Sundown Solutions Merges with Ancoris to Form Telana
Deal News | Apr 10, 2025 | Business Cloud
Lancashire-based Sundown Solutions has been acquired by Ancoris to form a new technology company, Telana. This merger brings together two highly specialized technology firms, enhancing their capabilities in AI, data, and software development. The terms of the deal remain undisclosed. Sundown Solutions, founded in 2009 by Heath and Kelly Groves, has a prestigious client list including the NHS and Ministry of Defence. Ancoris, located in Bracknell, specializes in AI and analytics. Telana aims to be a market leader in innovation, focusing on business outcomes through technological expertise. Beech Tree Private Equity played a pivotal role in facilitating this acquisition. The existing staff from Sundown will join Telana, with Heath and Kelly Groves continuing their leadership roles. The legal and financial due diligence was conducted by Dow Schofield Watts, DLA, Eversheds, and Alvarez & Marsal.
Sectors
- Technology Consulting
- Private Equity
- Cloud Computing
Geography
- United Kingdom – Both Sundown Solutions and Ancoris are based in the UK, making it the primary geography for this transaction.
- Lancashire – Sundown Solutions is located in Lancashire, representing local business development within the region.
- Bracknell – Ancoris is based in Bracknell, UK, a key location for the company involved in the merger.
Industry
- Technology Consulting – Relevant as Sundown Solutions and Ancoris are technology consulting firms providing IT solutions.
- Private Equity – Beech Tree Private Equity's involvement in facilitating the merger highlights the role of private equity in tech industry investments.
- Cloud Computing – Sundown Solutions' expertise in cloud infrastructure, particularly with Microsoft Azure and Google Cloud, is a key aspect of the merger.
Financials
- Undisclosed – The financial terms of the acquisition deal between Ancoris and Sundown Solutions have not been publicly revealed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sundown Solutions | Target Company | Company | A Lancashire-based technology consultancy firm specializing in secure cloud infrastructure and managed services. |
| Ancoris | Bidding Company | Company | Bracknell-based company specializing in AI, data, and analytics, acquiring Sundown Solutions. |
| Beech Tree Private Equity | Facilitator | Company | Private equity firm that played a crucial role in facilitating the merger between Sundown Solutions and Ancoris. |
| Heath Groves | Co-Founder of Sundown | Person | Co-founder of Sundown Solutions, who will continue to work with the new entity Telana. |
| Kelly Groves | Co-Founder of Sundown | Person | Co-founder of Sundown Solutions, who will remain active in the newly formed company, Telana. |
| Telana | Newly formed Company | Company | The new tech business created from the merger of Sundown Solutions and Ancoris. |
| Jonathan Steed | Financial and tax DD | Person | Financial and tax due diligence advisor from Dow Schofield Watts. |
| James Kerrigan | Legal DD | Person | Legal due diligence advisor from DLA. |
| Sam Jones | Legal DD | Person | Legal due diligence advisor from DLA. |
| Jenni Entwisle | Legal DD | Person | Legal due diligence advisor from DLA. |
| Chris Archer | Legals | Person | Legal advisor from Eversheds. |
| Matthew Newell | Legals | Person | Legal advisor from Eversheds. |
| Nick Walton | Tax | Person | Tax advisor from Alvarez & Marsal. |