Ellesmere Port-based software company Digconn bought by Preston firm
Digconn Systems Ltd, the Cheshire-based software development firm, has been sold to Preston’s Agile Digital Systems Ltd for an undisclosed sum following a period of growth.
The founder and MD of Ellesmere Port-headquartered Digconn, Geoff Jones, will continue to work in the company.
Discussing the sale, Mr Jones said he believes the move will help to drive growth at Digconn. He commented: “The time was right to take the next step and find a buyer who could provide the platform to help take the business to the next level. We wanted a buyer who understood the sector, our ethos, and our meticulous approach to service delivery.”
North West corporate finance company MC Vanguard, Manchester-based commercial law firm Kuits Solicitors and Chester’s Aaron & Partners all assisted in the transaction.
Geoff continued: “With the support of our advisors we were able to negotiate a deal which provided us with a partial exit and the opportunity to continue to work within the buyer’s group.
“Their advice and support was invaluable and we are now looking forward to an exciting new era for the business. We can now draw on the strength and resource of the Agile Digital Systems group to continue to develop as a regional leader in the development and provision of process control system software.”
Stuart Scott-Goldstone, the head of the corporate and commercial team at Aaron & Partners, said: “There is clearly a great opportunity for Agile and Digconn to work as one to develop new products and markets and we are pleased to have been part of the transaction bringing the businesses together.”
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