MHA Macintyre Hudson’s corporate finance team has advised the shareholders and management team of FuseMetrix Group on its management buyout.
Founded in 2002, Fusemetrix works directly with clients or alongside consulting firms to help with:
- Reviewing current systems and infrastructure
- Understanding existing and future business system needs
- Defining, planning, managing and delivering projects
- Designing and developing complex applications
According to the firm, The deal was led by Matthew Ballinger, CEO and majority shareholder. The shareholder, Richard Irwin, will continue to work in the business.
Ballinger said: “The team at MHA listened to what I wanted to achieve and then helped me understand the various options open to me. The team members were always professional and made sure I understood each step along the journey.
“I would have no hesitation in recommending them to anyone looking at a similar transaction.”
Laurence Whitehead, corporate finance partner, added: “Matthew’s focus on driving the business forward into the future means that the ongoing ownership of the group remains in strong hands and we are confident that his vision will ensure that the business continues to prosper. We wish him and everyone at FuseMetrix continued success.”