Case Study: Aurora Kendrick James
- Deal size:
- Management buy-out
- Deal completed:
Meridian Corporate Finance LLP (“Meridian”) acted for Kendrick James in a £6m plus acquisition of Aurora (UK) Ltd.
Kendrick James is a professional services company specialising in value added telecommunications management and advisory services. Established in 1997, they have delivered solutions and advice to over 200 organisations.
Aurora is a software company specialising in bespoke billing software.
"The two companies have been working together for a number of years and it was a logical conclusion to put the businesses together" commented Michael Barcia, Partner of Meridian.
Paul Tindley of Kendrick James commented "We wish to thank Mike and Darren at Meridian for their support and assistance during the acquisition process. The CEO and I are delighted that we achieved a timely completion against an immense learning curve. In particular, their support has helped us ensure that we hit the ground running with the new business plan in terms of sales activity“.