Liberty complete their first deal with ISIS Equity Partners
Liberty Corporate Finance advised ISIS Equity Partners on their £4.8million investment in IT services business, Quantix, based in Nottingham. Quantix provides UK SME's, larger corporate clients and public sector bodies with managed services, consulting and product sales in the database, applications and security markets.
Quantix has a diverse base of over 400 customers and an impressive financial track record with margin for the year ended 30th September 2006 of nearly £3m and operating profit of £1.1m.
Simon Hill from Liberty commented:
"We are pleased to complete our first deal with ISIS Equity Partners who introduced Liberty to the opportunity. We were able to provide ISIS with experienced deal advice during the process and assist them in concluding a deal in a high growth sector."
Paul Morris from ISIS Equity Partners commented:
"Quantix is an excellent opportunity for ISIS to invest in a fragmented and growing market. Liberty provided the ISIS team with a high quality of advice and support throughout the process and assisted the management team in delivering the information that we and the other funders required in the deal."