Tech: YFM Equity Partners investment in Resulting IT
Armstrong is delighted to have provided Commercial Due Diligence (CDD) to YFM Equity Partners (YFM) on its partial investment of Warrington-based, ERP consultancy, Resulting IT.
Founded in 2004, Resulting IT has established itself as a leading independent provider of ERP advisory services and project management support. A market expert in the leading platform SAP, Resulting IT is not aligned to one ERP and works with other packages such as Oracle, Workday, IFS, and MS Dynamics.
Resulting IT’s clients include Transport for London, Asda, Leeds University, and NHS 24 where it has developed a range of proprietary software tools and products to enhance service delivery.
YFM’s investment will enable Resulting IT to accelerate growth across the UK and diversify its services into a wider range of sectors without compromising the quality of delivery.
Armstrong provided full scope CDD including in-depth interviews with Resulting’s customers, as well as ERP implementation partners and market experts. Our commercial strategy work analysed Resulting’s proposition, its addressable market and potential expansion opportunities post-transaction. Our value creation workshops will build on the insights from the CDD and other DD workstreams to help form a coherent strategy for the next stage of growth.
Stuart Browne, CEO at Resulting IT, said: “Armstrong’s work will add a huge amount of value to the next stage of our growth. It has given me, and will give the team, a huge amount of pride that our hard work is valued by our clients. I’m really looking forward to evolving this into a firmer strategy.”
Laura Sisson, Investment Manager at YFM, said: “Mike, myself and the wider YFM team really enjoyed working with Armstrong on this transaction and would like to thank them for providing a comprehensive and insightful CDD report.”
Ifan Dafydd, Senior Consultant at Armstrong, said: “It was great to work with the Resulting IT management team and YFM on this transaction. The feedback from Resulting’s customers, summarised by a phenomenal NPS of 93.3, highlights the great work that Stuart and the team do for their clients in what can often be very complex projects and programmes. With support from YFM, we believe the business will continue to go from strength to strength.”
Please contact a member of the team to discuss opportunities in the Technology sector.
Ifan Dafydd, Senior ConsultantEmail Ifan
Mike Callow, PartnerEmail Mike