by Brad McAvoy
Partner
22 August 2023
Press Releasesby Brad McAvoy
Partner
Our Corporate Finance team recently provided financial due diligence advice to Chiltern Capital on its acquisition of Birmingham based Intec Microsystems, a leading distributor of IT products and support, serving customers across the UK and Europe. Intec Microsystems was founded in 2003 and employs around 100 people, offering a broad range of products including laptops, desktops, servers, storage and networking.
Incoming Executive Chairman and industry veteran, Alan Cantwell, will be in charge of overseeing the growth plan with existing directors Andy Russell, Ian Whatton, John Lester, and Stuart Hall continuing to manage the day-to-day operations of the business.
Alan Cantwell commented “Our goal is to deliver growth by working in close collaboration with our vendors, and expanding our product and services offering to best serve our customers.”
“Our management team and staff have the knowledge and expertise for growth. We’ll fill any gaps in the business by recruiting more expertise, and with the investment we now have, we can afford to be more competitive in the market” he continued.
“Intec Microsystems have delivered impressive growth in recent years, and we are confident that with the combination of the existing management team supported by Alan’s sector experience, the business is well positioned for the future,” said Joe Bennett, investment director at Chiltern Capital.
Brad McAvoy who led the team at James Cowper Kreston Corporate Finance, commented “It was a pleasure to work with Chiltern Capital again and we were very impressed with the team at Intec Microsystems and what they have achieved so far. We look forward to following their journey as they navigate through their exciting growth plans for the future.”