ISIS Equity Partners alongside Invex Capital Partners have led the management buyout of Quantix Limited, a Nottingham-based provider of IT Managed Services. ISIS and Invex invested £4.8m in equity with a debt package supplied by Lloyds TSB Corporate Markets.
Merged company will have combined revenues of around €8m in 2020, and employ over 50 staff.
Digitalisation and project life cycle management business intends to expand in DACH and Benelux
Fund invests in pre-series-A and series-A rounds to support the growth of startups operating across a large variety of sectors
In conjunction with the announcement, the firm has hired an investment team from TenX Health