Agilitas boss leads MBO

New private equity investor comes in

Agilitas has changed hands via an MBO, with CEO Shaun Lynn leading the move with the backing of a private equity house.

Perwyn has taken a majority stake in the channel services firm, wth plans to invest international expansion and potential acquisition.

Agilitas CEO Shaun Lynn said: "Since leading the original MBO back in 2014, Agilitas has been on an incredible journey to position itself as the leading services partner of choice to the Channel.

"The team and I share immense pride in this achievement. However, we are even more excited of what lies ahead.

To achieve our ambitions, it was critical to select an investor who not only shared our growth ambitions but also aligned to our values and corporate culture. In Perwyn we believe we have found this investor.

"From the very first time we met, both the team and I could see they shared the same values and ambitions, and they will bring a wealth of knowledge and know-how to our business."

The MBO sees current backer NVM exit the business six years after backing the previous MBO with a £6.4m investment.

Agilitas said that its senior management team will remain in place, with the only change being Bill Wilson coming in as chairman.

Andrew Wynn and Mark Blower, partners at Perwyn, said: "The team at Agilitas, led by Shaun, has delivered significant organic growth and developed a reputation for service excellence.

"We are excited to be partnering with them and supporting the clear vision they have for the business over the coming years. The investment aligns perfectly with Perwyn's core investment thesis of backing high growth businesses pursuing international expansion and M&A."