Benchmark International is pleased to announce the acquisition of education technology specialists, RivaNET™, by business technology company, inTec.
RivaNET™ is a provider of innovative enterprise grade IT solutions to independent schools and colleges in London and the South East. Delivering optimised technology and infrastructure, in addition to cyber security and managed support services, the company’s offering promotes an exceptional learning environment whilst safeguarding pupils, staff, and institutions.
inTec is a technology telecoms and IT support company offering 'Work Smarter' solutions, such as streamlining processes, improving workforce productivity, and reducing operating costs.
RivaNET™ will play a leading role in inTec’s strategy to build a dynamic technology group, allowing inTec to expand its geographic reach and move into the education sector.
Going forward, RivaNET™ will continue to trade as such and will be led by current Managing Director, Nick Donoghue.Mr Donoghue said: “RivaNET™ have been on an amazing journey over the past 19 years, working with exceptional clients and leading-edge technologies with a fantastic team. With our shared values, vision and ethos, this partnership will deliver long-term stability for the business and continue our journey to the next level.”
Commenting on the deal and working with RivaNET™, Jack Redwood, Associate at Benchmark International, said: “RivaNET™ is a pioneer in the education technology field, working with all the leading independent schools and colleges across the UK to deliver cutting edge IT systems and support services. I’m delighted to have been able to help the shareholders take the company to the next level with the acquisition by inTec Business Solutions.”
On behalf of everyone at Benchmark International, we would like to wish both parties every success for the future.
WE ARE READY WHEN YOU ARE
Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Enquiries@BenchmarkIntl.com
Americas: Sam Smoot at +1 813 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 (0) 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximising solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $6B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.