Clearwater International advises BCN Group to support its buy and build strategy
Clearwater International’s specialist debt advisory team has advised BCN Group on the raising of an acquisition facility to support the company’s buy and build strategy. Led by Clearwater’s Joe Dyke and Mark Ward, this is the second time Clearwater International has worked with the BCN management team, having advised on the transaction with Beech Tree in November 2018. This strengthens Clearwater International's debt advisory credentials in the managed services space, having completed a number of deals in this sector over the last 12 months.
BCN Group is a fast growing provider of IT managed services to UK businesses. The new acquisition facility will give BCN the ability to supplement its organic growth with several strategic bolt-on acquisitions to increase both the scale and breadth of the group’s service offering.