Provantage is excited to announce that we have been lead advisers to the shareholders of Datapath Group, a global leader in the design and development of video walls, multiscreen displays, and control room solutions.
Headquartered in Derby with global operations, Datapath has developed a market-leading hardware and software product suite for the delivery of multi-screen displays and video walls with customers in more than 100 countries.
The transaction includes the exit of Foresight Group, a leading infrastructure and private equity investment manager which continues to be one of the most active investors in smaller companies, having completed more than 90 investments in 2022 and several exciting exits.
Commenting on the acquisition, Matt Smith, Partner, Co-Head of Private Equity at Foresight said, “Datapath is an impressive company and a true global market leader. Foresight has been a patient partner to Datapath over many years supporting management with their growth plans. We wish the Company and team every success for the future.”
This transaction was led by Provantage Corporate Finance, advising the shareholders of Datapath Group.
Provantage commented “It has been a pleasure to work with the shareholders of Datapath. The business has achieved significant growth, becoming a market-leading player and we are excited to see the continued success of Datapath.”
Provantage Corporate Finance is an award-winning UK corporate finance advisory firm specialising in mergers and acquisitions (M&A), business sales, acquisitions, company valuations, management buyouts (MBOs), succession planning and strategic growth advice. Supporting business owners, entrepreneurs, shareholders, investors and management teams across a wide range of sectors, Provantage is a leading boutique throughout the UK mid-market
With offices in the East Midlands, West Midlands and London, the Provantage team advises clients on domestic and international transactions, helping businesses maximise value and achieve successful outcomes. Recognised for its people, expertise and deal execution capabilities, Provantage Corporate Finance is a trusted adviser for companies seeking an exit strategy, growth, investment or acquisition opportunities
The Deal had a challenging level of complexity, but Provantage made it as smooth and seamless as possible, providing us with invaluable advice and guidance throughout the entire process.
Achieving the deadline was key for all parties and Provantage worked well with all advisers to drive momentum to a successful completion.