Knight advise Matrix247 on its sale to Focus Group

Lancaster-based The Networking People (TNP), is a specialist provider of network technology, connectivity and cybersecurity services to Local Authorities and Public Sector organisations throughout the UK.

The investment by YFM will support TNP’s expansion plans, enhance its service offering, and continue delivering mission-critical network solutions to its growing client base. The transaction facilitates a management buyout led by Scott Daniels (Managing Director) and Robin Williams (Technical Director), who will drive the business forward with the backing of YFM. As part of this investment, Nigel Redwood, the former CEO of Nasstar, joins as Chair.

Knight advised YFM with corporate finance advisory and customer referencing support, using its extensive expertise in the Telecommunications sector to produce a detailed strategic report encompassing sector analysis, a SWOT review of The Networking People, valuation analysis, market analysis and benchmarking, a M&A roadmap and a detailed exit strategy report.

Oliver Wheatley, Investment Manager at YFM commented:

“We chose to work with the team because of their deep knowledge of the sector. They understood the market dynamics, TNP’s positioning within it, and the key value drivers from day one. Their advice was consistently insightful, commercially focused, and well-articulated, giving us real confidence as we progressed through the deal. What really stood out was their ability to blend strategic thinking with practical execution - they weren't just advisors, they felt like an extension of our team. Their support played a key role in shaping our conviction around the investment and in getting the deal over the line.”

Oliver Wheatley

Investment Manager, YFM

Scott Daniels, Managing Director at TNP, continued:

“This investment marks an exciting new chapter for TNP. With YFM’s backing, we can build on our strong foundation, expand our reach, and continue to provide the best possible network and security solutions to our clients. Our focus remains on delivering high-quality, high-reliability services that meet the evolving needs of public sector organisations across the UK."

Scott Daniels

Managing Director, TNP

Paul Billingham, Co-founder and managing director of Knight’s Corporate Finance Team, added:

“Advising TNP through this exciting stage of their growth has been incredibly rewarding, and I’m eager to see the opportunities that will unfold for them following YFM’s investment.

It’s an honour for both myself and the team to be acknowledged at such a well-respected awards event.”

In addition to Knight, YFM were advised by Hill Dickinson (legal); Cowgills (financial); Megabuyte (commercial); Claritas (tax); Cyber DueDil (cyber); Michael Jervis (technical); Confidas (organisational); Lockton (insurance) and MHA Corporate Finance, who led the deal. Forbes also provided legal advice to the seller.