ICON advises Hub Network Services on its sale to SysGroup Plc
01.06.2019
ICON Corporate Finance, a specialist in Technology M&A, has advised Hub Network Services Ltd (‘HNS’), a B2B, managed services provider, on its sale to SysGroup Plc.
Based in Bristol, UK, HNS is a managed connectivity and co-location solutions provider with a customer base which includes some of the UK’s most well-known brands. The deal will see HNS’ network infrastructure, supply agreements and extensive experience in the industry compliment and expand SysGroup’s existing managed IT and cloud hosting offering. Enabling SysGroup’s customers to benefit from an enhanced portfolio of services and solutions that help address the increasingly complex IT landscape in which they operate.
“I am thrilled to have made our second acquisition of the year and look forward to working with the HNS team in due course. The acquisition of HNS further complements our existing services, enabling us to offer our customer base an even wider range of enterprise-grade managed connectivity services alongside our existing managed IT services portfolio.”
Adam Binks
Chief Executive Officer, SysGroup
