Corporate team advise Optimising IT on sale to Evergreen Services Group

Willans’ corporate solicitors have recently advised Optimising IT, a Gloucestershire IT services provider, on the successful sale of the company to Lyra Technology Group, part of the Evergreen Services Group.

The Twigworth-based business, which is a registered B Corp, supports Gloucestershire businesses to grow sustainably through IT strategy consulting, cyber security services, and managed IT support.

Its sale and partnership with one of the world’s leading IT services investment companies, is announced as Optimising IT look to drive growth, strengthen technical capabilities and invest in future-focused technologies to benefit its customers.

From due diligence to agreement negotiation, our corporate & commercial team – including Chris Wills, Tess Ciocci and Mekayla Rose-Innes – ensured the sale was executed efficiently right through to completion. The wider transaction also included the advice of Willans’ employment law expert Hifsa O’Kelly.

Founder of Optimising IT, Gary Smith, commented: “Joining Evergreen represents a significant milestone for the business. I felt it was important for our team and our clients to find an investor who recognised the value of what we have and is committed to keeping things the same whilst supporting growth and innovation.

“I’d like to thank Chris Wills and the team at Willans for their guidance and support throughout this process. Chris’ expert advice was instrumental in helping us to navigate the transition successfully and with confidence.”

Partner and head of corporate & commercial, Chris Wills said: “As corporate advisers, our primary focus was to guide the shareholders through a transaction that aligned with their commercial objectives while protecting their long-term interests. We’re delighted to have supported Gary and the team at Optimising IT on the transition to this exciting new chapter for them and for the business.”

For more details, visit: https://optimisingit.co.uk/