Dynamic Networks Group Holdings Limited announces that Ambico Services Limited has joined the group.
Dynamic Networks Group Holdings Limited (Dynamic) has welcomed Ambico Services Limited (Ambico) into the group with funding support from Triple Point Investment Management LLP.
Ambico is a UK-based managed IT services provider, delivering fully managed IT support, business continuity and disaster recovery, cloud hosting, network connectivity, VOIP telephony, and security services to customers nationwide.
The transaction is aligned with Dynamic’s buy-and-build strategy of expanding its presence in London while increasing its base of recurring managed services revenue and enhancing its cloud and cyber security capabilities. Ambico contributes approximately £3 million of annual revenue, along with an experienced team of 14 employees and the two founding owners, who will remain involved as consultants.
Crowe's role and team
Crowe provided financial and tax due diligence. The financial due diligence team was led by Dan Nixon, who was supported by Nathan Crawford, Tom Bui and Alice Berendt. The tax due diligence team was led by Emma Reynolds, supported by Jack Paine and Rebecca Underdown.
Client quote
"We are delighted to welcome Ambico into the group would like to thank the Crowe team for their support throughout the transaction. Their financial and tax due diligence, together with their support in responding to lender enquiries during the debt raise process, provided valuable insight and helped us achieve a successful outcome. We look forward to building on this milestone as we continue to grow together."
Paul Landsman, Founder of Kingland Capital
