Case Study: aap3 Ltd
- Deal size:
- Management Buy-Out
- Deal completed:
- October 2015
Meridian advised the management team of aap3 Limited ("aap3") on the purchase of the company from the exiting shareholders.
Established in 1998 and headquartered in Southampton, UK with operations spanning more than 70 countries, aap3 are a specialist IT services and recruitment company, which delivers comprehensive service and support solutions for organisations globally.
Their experience and expertise has led to long standing relationships with local, national and international organisations including IBM, Cisco, HSBC, AT&T, Logicalis and Polycom.
The management buy-out enables aap3 to continue with their vision for the future, without compromising the impeccable client service, which is already driving the company to its successes.
The transaction was supported by Southampton local professionals, Shoosmiths LLP who provided legal advice to the Vendors; Trethowans LLP who provided legal advice to the Management Team; Fiander Tovell Ltd who provided tax advice and Lloyds Bank who provided funding.