Moore Kingston Smith advises 2i on nFocus acquisition

Moore Kingston Smith has advised 2i Testing (2i), one of the leading software testing services providers, on the acquisition of nFocus Testing (nFocus), the longest established UK-owned testing consultancy.

The acquisition, part of a wider buy and build strategy following investment from Rockpool last year, marks a milestone in 2i’s journey to becoming the UK’s leading QAT provider.

Headquartered in Edinburgh and established in 2005, 2i provides public sector and blue-chip clients with quality engineering services that mitigate risks associated with digital transformation.

Founded in 2000 in Telford, Shropshire, nFocus is a multi-award-winning software testing consultancy. The firm assists businesses in evaluating new software implementations, particularly in digital transformation, agile/DevOps, microservices and the Internet of Things. 

Both 2i and nFocus will continue operating under their established brands, maintaining their individual market recognition. This acquisition enhances training and upskilling efforts, creating a robust offering in digital transformation testing, including AI, to address the challenges and opportunities presented by new technologies.

Mike Orton, Moore Kingston Smith Corporate Finance partner specialising in transaction services, led the team, supported by Adele Hebditch, director, and Arron Dhesi, assistant manager. The tax team included Melanie Reed, tax partner, and Thomas Acland, tax director.

Moore Kingston Smith’s analysis and advice covered key areas such as quality of earnings, net debt, net working capital and tax, enabling 2i and Rockpool to understand the key financial and tax risks, facilitating informed decision-making.

David Kelly, CEO of 2i, said: “nFocus aligns perfectly with our vision, culture and commitment to delivering exceptional outcomes for our clients. Their award-winning team of quality engineers and strong leadership brings a wealth of expertise and innovative capability to our organisation that will benefit everyone involved. 

“Moore Kingston Smith has been instrumental in our sustainable growth and expansion, advising us at every stage of our journey. Each project has been executed with expertise, commitment and energy. Thank you to Mike, Mel, Adele and the rest of the team for ensuring the seamless and smooth acquisition of nFocus.”

Hebditch added: “It has been a pleasure to work with David, Guy and their team. It is always a privilege to be involved in projects of this calibre, where firms are enhancing business efficiency through software. We wish both 2i and nFocus continued success.”