Adviser to the shareholders of leading UK Cloud Service Provider, Atech Support Ltd, on their multi million pound debt and working capital facility from Triple Point Private Credit, to support their acquisition strategy.

Deal Overview

Wilson Partners Corporate Finance were delighted to advise the shareholders of leading UK Cloud Services Provider, Atech Support Ltd (“Atech”), on their multi million pound debt and working capital facility from Triple Point Private Credit, to support their acquisition strategy.

Atech specialises in managed services and security, with a particular focus on digital transformation and providing global support for mid-level enterprises. In recent years, the company has grown to become a direct tier-one Microsoft cloud service provider, a milestone that led to the business receiving several additional industry and security accreditations.

Atech partnered with Pelican Capital in 2022 and this facility alongside Pelican provides important funding to continue to make strategic acquisitions.

Anthony Francis, Partner at Pelican Capital commented: “We share Triple Point’s ambition to support market-leading businesses that are growing fast. Triple Point’s relationship-led approach, combined with the speed of delivery, made them an excellent choice of partner for us in pursuing Atech’s acquisition strategy. We look forward to continuing our partnership with Triple Point through this next stage of growth.”

About the Parties

Headquartered and founded in Buckinghamshire, Atech is a highly accredited Microsoft Partner and a specialist in cybersecurity and cloud architecture. Its clients are supported with end-to-end security and technology solutions by a team of certified Microsoft experts. They deliver unrivalled service tailored to each customer’s needs.

Triple Point Private Credit, one of the UK’s largest non-bank providers of leasing and lending solutions, has a long-standing track record of providing funding solutions to small and medium-sized enterprises.

Tom Bradbury, Corporate Finance Director at Wilson Partners commented: “It was an absolute pleasure working with Atech, Pelican and Triple Point on this transaction and we were delighted to bring them together in what represents another pivotal and exciting moment in Atech’s journey. This new relationship puts the Group in a fantastic position to maintain momentum on their buy and build strategy and we look forward to seeing all they achieve together.”

Matt Holloway, Head of Business development SME Debt Finance commented: “Great to partner with the team at Wilsons Partners on another transaction and evidences the value in close collaboration throughout the process to achieve the desired outcome for all parties involved.”