Adviser to Queen’s Park Equity (QPE) for the acquisition of JayStack into their portfolio company, One Beyond.

Deal Overview

Wilson Partners Corporate Finance was delighted to support Queen’s Park Equity with financial due diligence and deal support for the acquisition of JayStack into their portfolio company, One Beyond.

Péter Zentai, former CEO of JayStack and now CTO of One Beyond, commented: “We feel very excited about the future as part of One Beyond. We founded JayStack with the dream of reaching a strong international presence. After many successful years working together, in One Beyond we have found our firm partner to live out this dream. We are humbled by the opportunity to participate in building this amazing enterprise as part of the One Beyond team.”

Commenting on the acquisition, Nick Thompson, CEO of One Beyond, said: “JayStack is an established software firm with close ties to One Beyond, so they were a very exciting option for investment. Their technical expertise is complementary to what we already have at One Beyond, and with this merger of two independently successful businesses, we will continue to operate as one bigger, better, stronger company.”

Sami Igout, QPE added: “We are delighted to welcome JayStack into the One Beyond group. JayStack’s expertise in working with enterprise scale clients across Europe, its reputation for quality and its excellent team culture make JayStack a highly attractive and natural fit with One Beyond.”

About the parties

JayStack are a Budapest-based software development company and are one of the top-rated companies of its kind in Hungary. JayStack has grown to a team of nearly 100 engineers, delivering business critical software systems and cloud infrastructure for a wide range of blue-chip clients in the UK and Europe.

One Beyond, formerly DCSL Guidesmith’s, are the most trusted bespoke software development company in Europe, number 1 ranked on Clutch, and backed by multiple industry awards. They design and build tailor-made web, mobile and cloud software solutions that help businesses unlock growth.

QPE, which supported the MBO of One Beyond in December 2020, is currently investing its £202m Fund I. QPE is focused on providing capital and expertise to high-quality, entrepreneur-led businesses within the Education, Health & Pharma and Tech Services sectors, with an ambition to accelerate their growth.