Business

FOLLOW-ON INVESTMENT SUPPORTS PAIR OF DEALS FOR INTEC BUSINESS SOLUTIONS

InTec Business Solutions has acquired companies based in Ireland and Scotland, supported by a follow-on investment of £2.45m from Duke Royalty.

Based in Manchester, InTec is an investment holding company created to execute a buy and build strategy of synergistic companies within the IT managed services sector. Last year the busness entered into a £7.7m royalty financing agreement with Duke Royalty.

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BusinessInvestor

New owner for IT contracting and talent acquisition firm

A Dublin-based IT contracting and talent acquisition business has been acquired by a group executing a buy and build strategy of companies within the Irish/UK recruitment sector.

Vantage Resources sources specialist IT professionals on medium to long term contracts to a range of major Irish organisations.

The business has been snapped up in the latest acquisition by Bakhchysarai (Ireland) Ltd (BIL), whose capital partners are Duke Royalty and Bank of Ireland.

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