Leading global channel services provider, Agilitas IT Solutions, is delighted to announce the completion of a management buy-out led by Shaun Lynn alongside significant investment from the international private equity and growth equity investor Perwyn.
Perwyn have acquired a majority stake in Agilitas and will support the team’s growth ambitions including international expansion, service acceleration and potential M&A. Perwyn has a proven track record of taking ambitious companies on the next stages of their growth journey by providing institutional backing to support such growth initiatives.
The COVID pandemic has highlighted how Inventory-as-a-Service market maker Agilitas has become a hugely resilient business in a channel market with an increased propensity to outsource non-core, sub-scale operations to specialists such as Agilitas who offer no competitive threat.
Agilitas channel partners can expect no immediate changes to the business, with the existing management team still in place to lead the next phase of the Agilitas journey. The appointment of Bill Wilson as the new Chairman is the only addition. Bill brings many years of Senior Management and Non-Executive Chairman experience in leading global supply chain businesses. Bill’s appointment will provide Agilitas with invaluable knowledge and guidance in the months and years to come.
Shaun Lynn, CEO Agilitas, comments: “Since leading the original MBO back in 2014, Agilitas has been on an incredible journey to position itself as the leading services partner of choice to the Channel. The team and I share immense pride in this achievement. However, we are even more excited of what lies ahead. To achieve our ambitions, it was critical to select an investor who not only shared our growth ambitions but also aligned to our values and corporate culture. In Perwyn we believe we have found this investor. From the very first time we met, both the team and I could see they shared the same values and ambitions, and they will bring a wealth of knowledge and know-how to our business.”
Andrew Wynn and Mark Blower, Partners at Perwyn, commented: “The team at Agilitas, led by Shaun, has delivered significant organic growth and developed a reputation for service excellence. We are excited to be partnering with them and supporting the clear vision they have for the business over the coming years. The investment aligns perfectly with Perwyn’s core investment thesis of backing high growth businesses pursuing international expansion and M&A”
Lynn goes on to say, “The partnership with Perwyn is great news for our channel partners, as it equips us with a superior toolkit to propel us onto the next level, by expanding our services portfolio and geographic footprint.”
Company website: www.agilitas.co.uk