Venture Corporate Finance are delighted to have assisted in the business sale of IC Group, a leading Professional and Managed Services provider of Voice and Data Solutions, to Croft Group.

Formed in 1999, IC Group UK specialise in the design, deployment, and support of Communication and IT solutions.

With extensive experience and technical knowledge of cutting-edge technologies, Croft are thrilled to be joining forces, welcoming Daniel Purdy, and the IC Group team to the Croft family.

The merger takes our already strong relationship with Croft to the next level. We are excited by the opportunities this brings and to be joining the Croft team. By combining our range of skills, services, and knowledge, we will be able to better serve our customers, maintaining the top level of customer care they are accustomed to” – Daniel Purdy, Technical Director.

Dan Purdy, director, IC Group, said of using Venture Corporate Finance, “Venture provided me with transaction support and expertise throughout. Without Venture Corporate Finance and Pauls expertise we would have struggled to complete this deal. We would highly recommend them to any owner looking to exit their business. As they deliver on their promises”

This merger will expand and transform Croft’s capabilities. With the enhanced technical knowledge and best in breed vendors, Croft are now expertly positioned to provide a truly complete range of Communications and IT services. With the addition of the Northwest Service and Operations Centre, our geographical presence is further strengthened” – Mark Bramley, Croft CEO.

Paul Davies, Transaction Director at Venture Corporate Finance, who led the transaction, added “Working with Dan was a joy but key to ensuring that this deal completed was working actively with both parties as we overcome a number of obstacles.”

Venture Corporate Finance are experts with business disposals and wholly focussed within the ICT sector. We offer the highest quality of service with the lowest risk when selling your business.

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