Merger • Internet Software and Services

ANS Acquires UKFast

On October 21, 2021, ANS acquired internet software and services company UKFast from Inflexion

Acquisition Context
  • This is ANS’s 1st transaction in the Internet Software and Services sector.
  • This is ANS’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date October 21, 2021
Target UKFast
Sector Internet Software and Services
Buyer(s) ANS
Sellers(s) Inflexion
Deal Type Merger

Target Company

UKFast

Manchester, United Kingdom
UKFast is a provider of dedicated servers, hosting and cloud hosting solutions to the private and public sector. UKFast was founded in 1999 and is based in Manchester, United Kingdom.
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Buyer Overview 1

Buyer

ANS

Manchester, United Kingdom

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

ANS is a company of the fastest moving and most innovative digital and cloud experts. The company makes business deliver genuine end-to-end digital transformation from cloud enablement, right through to solving your biggest business challenges with low-code or bespoke apps, to using your data to make intelligent business decisions. ANS was formed in 1996 and is based in Manchester, United Kingdom.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Merger 1 of 1
Country: United Kingdom 1 of 1
Year: 2021 1 of 1

Seller Profile 1

SELLER

Inflexion

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 10.0B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

Inflexion is a private equity firm that specializes in investments in UK-based founder and family-owned businesses. Broad areas of interest include consumer products/services, business services, healthcare, industrials, technology, and financial services. The Firm's target investment size is £10 to £500 million. Inflexion was formed in 1999 and is based in London.


Deal Context for Seller #
Overall 40 of 63
Sector: Internet Software and Services 3 of 3
Type: Merger 1 of 1
Country: United Kingdom 40 of 62
Year: 2021 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-30 Detectortesters

Hertfordshire , United Kingdom

Detectortesters designs and produces solutions that enable testing of smoke, heat, and carbon monoxide fire detectors. The company conducts all new product development in-house, working with all of the major fire detector OEMs, fostering efficiency as well as proprietary innovation. Detectortesters was founded in 1965 and is based in Hertfordshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Halo Technology

Tustin, California, United States

Halo Technology is a provider of active and passive fiber optic interconnect components for the communications infrastructure markets. Halo operates global leading brands including AddOn Networks, ProLabs, and Skylane Optics. Halo Technology is headquartered in Tustin, California.

Sell $715M