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BDO has acted as lead M&A advisor to the shareholders of Converge Technology Solutions UK during its acquisition by specialist investor Inspirit Capital.
The BDO team was led by Paul Russell, Peter McClay, Edmund Irvine-Fortescue, and Saleisha Ford. The firm also provided debt advisory via Ross McDonald and Steve Carr.
Stafford-based Converge UK provides IT recycling and managed services. The company delivers technology solutions across the public, private, and education sectors.
Inspirit Capital, which specialises in corporate carve-outs, was advised by Stephenson Harwood, PMSI, Evology, and EY Parthenon. Other sell-side advisors included Eversheds Sutherland and RSM UK.
Tim Westbrook, managing director of Converge UK, said: “BDO’s M&A team provided exceptional support and guidance throughout the transaction. Their clear recommendations and deep technical knowledge ensured the seller team were fully informed and confident in every decision.
“The outcome delivered is excellent for the business and our employees, and I would highly recommend the BDO M&A team for businesses looking for sector expertise and technical insight combined with a commercial approach.”
Paul Russell, partner at BDO, added: “Converge UK is recognised for its high-quality service delivery, sustainability-led approach, and deep customer relationships. We are delighted to have worked closely with the Converge UK team and shareholders to help deliver a successful outcome for the business.
“The team’s recognition of our experience in the IT services sector allowed us to support them effectively throughout the process. We wish Converge UK and Inspirit every success as they move forward on their growth journey together.”
