12 November 2019
Spectrum has advised the shareholders of data protection and risk management solutions specialists Tectrade on the successful sale of the company to managed cloud and enterprise performance partner, Computer Systems Integration Ltd.
Spectrum were appointed by the shareholders of Tectrade to conduct a full
sales process which involved a targeted marketing process to a select number of
potential trade buyers. The company received interest from a number of
potential acquirers including CSI, who were identified as a strong potential
strategic partner. Spectrum initiated discussions and the boards of both organisations were both quick to recognise the business synergies. Spectrum supported the shareholders of Tectrade through the sale,
structuring and negotiating the deal and working alongside Steven & Bolton
to finalise the legal documentation.
For Full deal details please click here