Wilson Partners Corporate Finance team were delighted to support Palatine Private Equity Partners with top-up financial and tax due diligence on its investment in technology services provider OryxAlign, having previously provided vendor financial and tax due diligence services to OryxAlign.
Deal overview
Private equity investor Palatine has partnered with technology services provider OryxAlign to support the next phase of the company’s growth across its core markets, including the rapidly expanding data centre, commercial property and built environment sectors.
The deal marks Palatine’s second investment from its £254 million Buyout Fund V and its third technology services investment in the last 12 months.
Founded in 2006 by Carl Henriksen, OryxAlign is one of a small number of specialist technology providers operating across the critical infrastructure services markets. Headquartered in the UK and operating across Europe, the business delivers secure, resilient and integrated technology solutions that support mission-critical environments.
Palatine, founded in 2005, is a UK private equity investor specialising in backing ambitious businesses with strong growth potential. Headquartered in Manchester, the firm partners with management teams to accelerate growth through investment, strategic support and acquisitions.
Alongside the commercial opportunity, the partnership is underpinned by a shared commitment to responsible business. Both Palatine and OryxAlign are certified B corporations, reflecting a common belief that long-term businesses should be achieved parallel to positive social and environmental impact.
Palatine’s investment will provide the platform and capital to support OryxAlign’s growth strategy through continued investment in people, systems and technology, alongside targeted acquisition programme designed to broaden its service offering and strengthen presence in key European markets, including Germany and the Nordics.
Tom Bradbury, Corporate Finance Director, Wilson Partners commented:
“We were delighted to have provided OryxAlign and Palatine with financial and tax due diligence services to support their recent strategic partnership.
OryxAlign have built a strong and reliable reputation as a specialist technology provider across the critical infrastructure services market and, with the support of their new partner in Palatine, are now perfectly positioned to extend and enhance their overall presence and capability.
It was a pleasure working closely with Carl Henriksen, Godfrey McFall, Andreia Maia, Danielle Garland, Andy Strickland and Shiyu Pan throughout. Huge congratulations to all involved and we very much look forward to following the exciting next stage of their journey.”
Sector:
IT services and critical infrastructure
Services provided:
Financial & Tax Due Diligence