Disposal of Complete IT

    Submission Date: 12/08/19
    Completion Date: 31/07/19
    Target: Complete IT
    Acquirer: Sharp Electronics (Europe)
    Value (where disclosed): confidential
    Deal Description: IBB acted the for selling shareholders of Complete IT on the disposal to Sharp Electronics.  Complete IT provides market leading IT support to SMEs nationwide and will continue to operate as an independent business under its own brand name.
    Funding: Sharp’s banking arrangements
    Corporate Finance Advisers:  Grant Thornton
    Legal Advisers: IBB Solicitors advising Sellers; Squire Patton Boggs advising Sharp.
    Financial Due Diligence: KPMG LLP