Horizon Capital Majority Investment in Ascent Software; Ascent Acquires TechHuddle
December 8, 2019
Horizon Capital has made a majority investment in Ascent Software and simultaneously completed the acquisition of TechHuddle in a combined £30m transaction. The deal creates a scaled technology services platform headquartered in Reading (with delivery centres in Malta and Bulgaria), giving Ascent over 100 clients and more than 300 developers to accelerate organic growth and further buy-and-build activity.
- Buyers
- Horizon Capital
- Targets
- Ascent Software, TechHuddle
- Platforms
- Ascent Software
- Industry
- IT Services
- Location
- Berkshire, United Kingdom
- Transaction Type
- Buyout
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