Sale of Miller Waite to Intec Business Technology.
About Miller Waite
Miller Waite is a specialist IT Managed Service Provider and with clients across the SME and mid to large enterprise space and has grown from being an MSP to also becoming a leading Cyber Essentials Auditor. In recent years, Miller Waite has developed its SaaS offering, including a bespoke ERP system.
About the deal
Cowgills provided lead advisory and tax advice to the company and its shareholder, David Miller.
After Owning a successful IT business, for over 27 years, David felt now was the right time to step away from the business and allow the senior management team to continue delivering first class IT support to the company’s diverse customer base.
Find out more about the deal from our Corporate Finance Partner, Sam Davies, right here.
Technology, IT Services, Software
David Miller commented: “With no succession plan in place, I needed help in finding someone who could continue developing the business and secure its future. Key priorities for me were the security of the Miller Waite team as well as retaining the trust and commitment of its valued clients.
Once I had been introduced to Cowgills, my dedicated manager steered me through the entire process, from producing the teaser document through to completion of the transaction.
Cowgills gave me several potential propositions to consider and with their sound advice a business group was selected who satisfied all of mine and the Miller Waite’s requirements.
Cowgills negotiated a deal for me which exceeded my expectations and the whole process was completed in a matter of months.
It is without hesitation I would strongly advise anyone in a similar position to myself to contact Cowgills.”
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