Knight advises shareholders of Lynx UK Ltd on its sale to TXO

Knight Corporate Finance has advised the shareholders of specialist network decommissioning and engineering solutions provider Lynx UK Ltd (“Lynx”) on its sale to TXO, provider of end-to-end circular telecom network solutions.

Knight advises shareholders of Lynx UK Ltd on its sale to TXO

Lynx aligns with TXO’s global strategy to be a leading circular economy service partner for network operators as they expand and transform their networks in a sustainable way.

The addition of Lynx will bolster TXO’s team with over 80 highly skilled specialists offering turnkey decommissioning, asset management, engineering and test and repair services. These new highly skilled employees will complement its existing team of over 260 telecom specialists to deliver a full-service circular economy proposition.

Lyn Pickering, CEO of Lynx UK, commented: “TXO shares our vision for how the telecoms market should function sustainably and the cultural mindset needed to ensure the growth of sustainable networks. By joining TXO, we will be able to extend our impact globally, driving innovation, efficiency and sustainability in the ever-evolving landscape of the telecoms industry.”

The transaction was led by Dominic Lillie, Knight Corporate Finance Associate Director, and Adam Zoldan, Co-Founder.

Dominic said: “Having worked with Lynx since 2021, the transaction demonstrates Knight’s long-term approach to working with our clients. It has been a pleasure working with the team at Lynx and I look forward to seeing the business prosper under the new ownership of TXO.”

Knight CF was founded by Adam Zoldan and Paul Billingham in December 2008 with the specific aim of advising businesses and entrepreneurs in the technology and telecoms sector. During this time, it has completed more than 180 transactions from its offices in London and Warrington.

Knight CF were the perfect partners to see us through the process of selling our business. We met with numerous advisors and selected Knight CF because they were experts in our sector and able to prove a successful track record of completed sales. Dom’s financial knowledge and experience helped us to fully understand the implications of the agreed offer structure and the deal unfolded exactly as Dom had advised us it would, with the funds flowing accurately and correctly.
Lyn Pickering
CEO of Lynx UK
I can highly recommend Knight and we would not have wished to have had anyone else by our sides to get us across that all important finishing line. Thank you, Knight!
Lyn Pickering
CEO of Lynx UK
Founder

Adam Zoldan

Adam is a founder and Director of Knight, developing the business alongside [...]

Associate Director

Dom Lillie

Dom is a member of the execution team; his role is to [...]

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