Foot Anstey advises on two major deals for Air IT
Foot Anstey's corporate team has advised on two major deals for Air IT, a managed service provider, backed by August Equity.
Alongside August Equity and Grant Thornton, Foot Anstey supported on all legal aspects of the deals, assisting Air IT on the acquisitions of MFG UK and Infinity IT Solutions.
Based in Reading, MFG UK is a managed IT, cyber security and communications specialist supporting team in the Thames Valley region, while managed IT specialist Infinity IT Solutions from Uttoxeter provides clients with IT support and maintenance.
Air IT's headcount now stands at 270 and the move will help expand the product range of both companies with Air IT's portfolio of IT support, communications, cyber security and business intelligence services. The deals for MFG and Infinity follow a number of previous acquisitions by Air IT in the last year, each supported by Foot Anstey, of Microtrading, Riverbank, Nexus GS, Concise Technologies and InfoTech.
Adam McKenna and Jack Harris (pictured) at Foot Anstey led the legal advice to Air IT, helping bolster the company's offering through these acquisitions.
About Foot Anstey
Foot Anstey is a law firm working predominantly across seven sectors: developers, energy and infrastructure, Islamic finance, private equity, private wealth, retail, and consumer. The firm operates from seven bases: Southampton, Bristol, Exeter, London, Plymouth, Taunton, and Truro.