BCLP advises EACS on acquisition of Sentronex
International law firm Bryan Cave Leighton Paisner (“BCLP”) have advised EACS, a company focussed on professional managed solutions in the IT sector, including cloud based solutions and cybersecurity, on its acquisition of privately held IT services company Sentronex. Founded in 2005, Sentronex provides high quality disaster recovery and IT managed and professional services to the UK’s City financial organisations.
Organic growth and acquisitions have seen EACS grow by over 25 per cent in the last 18 months as it becomes a key challenger brand.
Commenting on the importance of the transaction, EACS’ CEO Kevin Timms said: “This acquisition satisfies one of EACS’ stated business focusses for growth and will provide benefit for its clients, employees and partner network to provide enhanced and connected solutions to customers.”
Michael Anderson, Corporate Finance Partner at BCLP said: ““We’re delighted to have helped EACS continue to grow as a business through the acquisition of Sentronex. Having advised EACS’ predecessor Streamwire on a number of key transactions in the past few years, we’re pleased that our attention to detail and commitment to client service has resulted in our relationship continuing to grow, and look forward to hopefully working with EACS in the future.”
BCLP previously advised on the formation of EACS, having advised managed services provider Streamwire on its purchase of EACS, and subsequent formation of a larger company, trading as EACS.
BCLP’s transaction team comprised M&A and Corporate Finance partner Michael Anderson and trainee Siobhan Abraham, banking associate Brad Pawlak and client relationship partner Mark Lewis (Technology and Commercial).