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Agilitas MBO leads to new ownership at service player

Channel services provider Agilitas IT Solutions has seen a management buyout completed at the Nottingham firm, led by current CEO Shaun Lynn who was backed by private equity investor Perwyn. Perwyn has acquired a majority stake in Agilitas and says it will support the team’s growth ambitions including international expansion, service acceleration and potential M&A. The COVID pandemic is said to have aided inventory-as-a-service specialist Agilitas as channel players outsource more non-core, sub-scale operations to firms that offer no competitive threat.

The company manages spare parts inventories across server, storage and networking technologies and delivers technical services to customers across 60 countries. The appointment of Bill Wilson as the new chairman of Agilitas is the only change in the company's leadership following the MBO.

Shaun Lynn, CEO of Agilitas, said: “Since leading the original MBO back in 2014, Agilitas has been on an incredible journey. To achieve our growth ambitions it was critical to select an investor who shared our vision, and in Perwyn we found one.”

Lynn said: “Perwyn are great news for our channel partners, as they equip us with a superior toolkit to propel us onto the next level, by expanding our services portfolio and geographic footprint.”

Andrew Wynn and Mark Blower, partners at Perwyn, said: “The team at Agilitas has delivered significant organic growth and developed a reputation for service excellence. We are supporting the clear vision they have for the business over the coming years.”

Earlier this year, Agilitas became an HP Business Partner, enabling it to further support partners accessing HP desktop, laptop and print technologies and services.