Cavendish has advised on the sale of Pelican Capital backed Atech, one of the UK’s most highly accredited Microsoft Solutions Partners, to iomart Group plc, the secure cloud services company.

The £57m transaction is Cavendish’s sixth technology services transaction in 2024 and the second cloud managed services transaction following the investment in Creative ITC by LDC last month.

Atech is a leading, rapidly growing, Microsoft Solutions Partner, delivering complex, multi-platform solutions, digital transformation and specialised managed security services to mid-sized enterprises. The company has one of the strongest sets of Microsoft credentials in the UK market, including five Solution Partner Designations, Managed Partner status for Modern Work and Security as well as membership of Microsoft’s Intelligent Security Association (‘MISA’). Based in Marlow, and with offshore operations established in India and Poland, Atech has 150 people with a total of 128 different MS certifications.

The acquisition will strengthen iomart’s position in high-growth areas of the cloud computing market, including modern workplace, public cloud Azure infrastructure and security managed services. It will also create a multitude of cross-selling opportunities across iomart’s customer base as well as enhancing operational efficiencies with offshore support capabilities.