Orbis advise on the cross border sale of ICC Group to Service Express International
Orbis Partners advise on the sale of ICC Group to US headquartered Service Express International, a cross border transaction in the technology sector. The deal was led by Partner Shah Zaki and Manager Nick Wall.
Founded in 1998, ICC Group is a market leading provider of data center maintenance and managed services solutions. The company delivers customer-first solutions tailored to unique business needs with the help of its technical team across the U.K. ICC Group employs 54 staff and is headquartered in Leeds with two additional offices in Castle Donington and Basingstoke.
Service Express is an international business specialising in data centre maintenance for server, storage and networking equipment with over 4000 customers and 600 employees.
Having built the business over many years we thought long and hard about whom we trusted to sell ICC Group. We ultimately selected Orbis due to their sector expertise, access to overseas buyers and personable approach. We had engaged Orbis to prepare the business for an exit in a two-to-three-year period, however we chose to bring the process forward having achieved the target results within a much shorter timeframe. I couldn’t be happier with the outcome which will see our business offering taken to a global client base.
Leon Wheeler, CEO at ICC Group
It was a pleasure working with the shareholders of ICC, who have developed a fantastic business with a reputation for quality. I am delighted to have advised on the sale of the business to a global player in the market, which provides a strong platform for the future development of ICC Group.