RSM has provided due diligence to Annodata Limited on their acquisition of Keltec Limited.
With over 4000 clients in the public and private sector, Annodata is one of the UK’s leading independent providers of Unified Communications and Managed Print Services. They bring together printing, telephones and mobile, audio visual, document management, and collaboration tools to build and maintain business infrastructure in an age of rapid technological change.
Keltec Ltd has 20 years experience of delivering IT infrastructure services and solutions to corporate, SME and public sector organisations. Partnering with specialist third-party solution providers and global technology vendors such as IBM, Microsoft and Cisco, which enables them to leverage key technologies such as Cloud, Virtualisation and provide our customers with leading technology solutions. Their partners include Alcatel-Lucent, Cerner, Plastic Omnium and Invensys Rail.
The acquisition of Keltec boosts Annodata’s hosting capabilities and furthered their move into the cloud. The deal sees Annodata become a £78m-plus business with 380 employees.
What RSM did
'Thanks for all your valued help on the acquisition the whole process went extremely smoothly!'
Tim Harman, Joint Managing Director, Annodata Limited
David Copley, Corporate Finance Partner, T: +44 (0)7768 510 678
Peter Vandervelde, Corporate Finance Partner, T: +44 (0)7801 607 305
Alex Milne, Corporate Finance Manager, T: +44 (0)7917 724 870