Agilitas secures managed buyout investment


Channel services provider Agilitas IT Solutions has announced the completion of a management buyout (MBO) led by Shaun Lynn and backed by private equity investor Perwyn.

Perwyn has acquired the majority stake in the UK-based firm and will support its growth ambitions – which includes international expansion, service acceleration and potential M&A.

The stake in the business has been bought from NVM Private Equity, who supported Agilitas with a £6.4 million investment back in 2014 as part of its original management buy-out.

Shaun Lynn, CEO of Agilitas, said the investor was the ideal fit to take the global channel provider forward and continue its growth.

"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," he explained. "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."

As a result of the deal, channel partners can look forward to an enhanced service offering to enable them to strike new deals and open up new business opportunities.

“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,” Lynn added.

In terms of management, the move sees Bill Wilson become the new chairman, bringing extensive senior management and non-executive chairman experience in leading global supply chain businesses. His appointment will provide Agilitas with invaluable knowledge and guidance in the coming months and years, the firm said.

Aside from that addition, there will be no other immediate changes to the business post-transaction, Agilitas confirmed, with the existing management team remaining in place to lead the company into its next phase.

"The team at Agilitas, led by Shaun, has delivered significant organic growth and developed a reputation for service excellence," said Andrew Wynn and Mark Blower, Partners at Perwyn. "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".

Daniel Todd

Dan is a freelance writer and regular contributor to ChannelPro, covering the latest news stories across the IT, technology, and channel landscapes. Topics regularly cover cloud technologies, cyber security, software and operating system guides, and the latest mergers and acquisitions.

A journalism graduate from Leeds Beckett University, he combines a passion for the written word with a keen interest in the latest technology and its influence in an increasingly connected world.

He started writing for ChannelPro back in 2016, focusing on a mixture of news and technology guides, before becoming a regular contributor to ITPro. Elsewhere, he has previously written news and features across a range of other topics, including sport, music, and general news.