Stevens & Bolton has advised Acora, an innovative, award winning IT services and technology company, on its acquisition of Plan-Net, the IT partner for legal, financial, media and other knowledge-based firms. The deal was backed by Barclays.
With more than 25 years’ experience, Acora provides a range of Managed Services and IT support, plus Microsoft-centric business software and cloud solutions, to drive mid-market organisations to modernise their IT and compete in the digital economy. The merged Group will operate from four UK service centres, providing coverage to more than 250 high value clients.
David Hemmings Chief Acquisition Officer at Acora, commented: “We were pleased to work with Stevens & Bolton again on this latest deal, which is transformational for both businesses, combining Great Customers and Great People, helping bring even better value through IT innovation to the mid-market”
The Stevens & Bolton team was led by corporate partner Richard Baxter, supported by Francesca Messina (corporate senior associate) and James French (corporate associate).