Cavendish Debt Advisory advises Connection Capital-backed Mode Solutions, a leading provider of turnkey digital managed services, on raising acquisition finance to acquire Huntingdon-based IT Managed Services provider, EACS, with debt financing provided by BlackRock.

The enlarged business will offer businesses a trifecta of services covering Managed IT, Communications and Document Management and is further supported by additional acquisition funds which are available from both BlackRock and Connection Capital.

Alistair Hay, Partner & Head of Cavendish Debt Advisory:

“It was a pleasure work with Connection and Management on this transformational acquisition. BlackRock shone as the standout lender, quickly demonstrating their clear understanding and experience in the sector, and will be an ideal partner for the business going forward.”