Knight helps to put arrow’s AIMES on target

Knight Corporate Finance has advised the shareholders of AIMES Managed Services on its sale to MML-backed Arrow Business Communications.

Knight helps to put arrow’s AIMES on target

Based in Liverpool and originally spun out of the University of Liverpool in the early days of cloud computing, AIMES was founded by Professor Dennis Kehoe alongside Jane Hetherington, Finance Director, and Richard Spragg, Technical Director.

AIMES provides secure co-location services, advanced cloud services and cloud-based research enabling technologies from its 200 rack, 1.5 megawatt secure data centre. This is primarily to NHS, healthcare and public sector bodies in the UK.

The deal further strengthens Arrow’s healthcare specialism following recent acquisitions in this space.

Dennis Kehoe, chief executive of AIMES, said: “The deal allows us to de-risk whilst becoming a part of a larger professionalised business where together we can deliver on our growth plan in the coming years.”

Richard Burke, chief executive of Arrow, said: “We knew Knight had a long-standing relationship with AIMES and so we approached them to see if there was an opportunity for a potential acquisition.

“We see AIMES as being fundamental to leading the development of our data and cloud propositions and hugely complementary to the recent healthcare sector-focused acquisitions we have made.

“It was great that we could use our successful, long-standing relationship with Knight to create a successful process and can now welcome AIMES to the Arrow Group.”

Paul Billingham, director at Knight Corporate Finance, who led the transaction with associate director David Middleton, added: “This deal demonstrates the value of knowing your niche and being able to effectively communicate that to find a buyer who values this specialism.”

What we've made possible

We are proud to have completed over 180 transactions in the technology and telecoms sector
Buy-side support to Rockpool Investments on its investment in Communicate Technology
Acquisition

Buy-side support to Rockpool Investments on its investment in Communicate Technology

Knight CF advises the shareholders of Daly Systems on its sale to OneCom
Exit

Knight CF advises the shareholders of Daly Systems on its sale to OneCom

Knight CF advises Digital Origin on Evergreen deal
Exit

Knight CF advises Digital Origin on Evergreen deal

Knight CF advises shareholders of resonate UCC on sale to SCC
Exit

Knight CF advises shareholders of resonate UCC on sale to SCC

Knight advises the shareholders of Pinnacle on its sale to Focus Group
Exit

Knight advises the shareholders of Pinnacle on its sale to Focus Group

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

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

Knight advises EnableX shareholders on group’s sale to Gamma
Exit

Knight advises EnableX shareholders on group’s sale to Gamma

01T advised by Knight CF on sale to FourNet
Exit

01T advised by Knight CF on sale to FourNet

Would you like to make
your ambitions real?

Let's discuss how we can make your business goals real.
Make an enquiry
Would you like to make
your ambitions real?