TNP Secures YFM Funding for Strategic Expansion
Deal News | May 01, 2025 | Business Cloud
YFM Equity Partners has invested in The Networking People (TNP) to support the company's next growth phase and facilitate a management buyout (MBO). TNP, headquartered in Lancaster, is a prominent provider of network technology and cyber security services, primarily to the UK public sector. Established in 2011, TNP has developed a strong reputation for secure and high-performance connectivity solutions. The investment, led by Dan Freed and supported by a team of advisors, will allow TNP's management, led by managing director Scott Daniels and technical director Robin Williams, to expand and enhance their service offerings. Nigel Redwood, former CEO of Nasstar, will join as chair to help steer the company's strategic direction. YFM, known for supporting regional growth companies, aligns with TNP's ambition to capitalize on growing demand in secure and resilient network infrastructure.
Sectors
- Information Technology
- Private Equity and Investment
Geography
- United Kingdom – TNP is headquartered in Lancaster, UK, and YFM has a strong regional presence in the North West. The investment focuses on supporting UK-based growth businesses.
Industry
- Information Technology – The Networking People (TNP) operates in the Information Technology sector, focusing on network technology, connectivity, and cyber security services.
- Private Equity and Investment – YFM Equity Partners is involved in the Private Equity sector, providing investment to facilitate a management buyout and support growth strategies.
Financials
- £3m to £15m – Typical investment range of YFM Equity Partners supports TNP's management buyout and growth strategy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Networking People (TNP) | Target Company | Company | A leading provider of network technology, connectivity, and cyber security services, primarily serving the UK public sector. |
| YFM Equity Partners | Investor | Company | A private equity firm investing in high-growth UK businesses, particularly in the North West region. |
| Scott Daniels | Managing Director | Person | Leading the management buyout and future growth of TNP. |
| Robin Williams | Technical Director | Person | Joint leader in the management buyout of TNP. |
| Nigel Redwood | Chair | Person | Former CEO of Nasstar, joining TNP to provide strategic guidance. |
| Knight Corporate Finance | Corporate Finance Advisor | Company | Provided corporate finance and customer referencing services for the transaction. |
| Hill Dickinson | Legal Advisor | Company | Provided legal advisory services for the transaction. |
| Cowgills | Financial Advisor | Company | Provided financial advisory services for the transaction. |
| MHA | Seller's Advisor | Company | Provided corporate finance and tax advisory services to the sellers. |