Go to deals
Private Equity | Business Support Services | TMT

Symatrix Limited has been acquired by AST Corporation

The shareholders of Symatrix have sold tthe business to AST Corporation.

Symatrix is a specialist cloud consulting, payroll outsourcing and Oracle application managed services provider in the UK. Founded in 2000, the company offers consulting as well as end-to-end managed services for HCM, ERP and SCM on premise or in the cloud – from applications support and testing as a service through to managed payroll and process improvement services.

Applications Software Technology (AST) is a globally recognized award-winning full-service enterprise systems integrator, serving clients in the public and commercial sectors for over 26 years. AST offers cloud solution and digital transformation consulting services to all industry verticals.

Oaklins Cavendish, based in the UK, advised the shareholders of Symatrix on the sale of the business to AST Corporation. Oaklins TM Capital in Boston introduced the eventual buyer and supported with all North America approaches.

Parties

Talk to the deal team

Andrew Jeffs

Partner
London, United Kingdom
Oaklins Cavendish

Bradford A. Adams

Managing Director
Boston, United States
Oaklins TM Capital

Mike Dinsdale

Director
London, United Kingdom
Oaklins Cavendish

Harry Radburn

Senior Associate
London, United Kingdom
Oaklins Cavendish

Related deals

Haufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International
Real Estate | TMT

Haufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International

The Haufe Group SE has sold Haufe-Lexware Real Estate AG to Aareon Group.

Learn more
GARAIO has been acquired by Netrics Group.
Private Equity | TMT

GARAIO has been acquired by Netrics Group.

Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.

Learn more
Foreman Capital has raised financing for the acquisition of Rijcken Groep
Private Equity | Food & Beverage

Foreman Capital has raised financing for the acquisition of Rijcken Groep

Foreman Capital, a Netherlands-based private equity firm, has secured debt financing for the acquisition of international food wholesaler Rijcken Groep. The financing package, provided through a club deal by Rabobank and ING, is designed to support Rijcken Groep’s organic growth as well as its planned buy-and-build strategy.

Learn more