13 Nov 2018

The Camlee Group recently acted as lead financial adviser to ETS Communications on their sale to Adept Technology Group Plc for an undisclosed fee.
 
AdEPT is one of the UK’s leading independent communications integrators and IT service providers, specialising in multi-site and multi-product solutions. AdEPT provides communications and IT solutions for all sizes of UK-based clients spread across a wide range of sectors.
 
ETS Communications was established in 1981 and employs a team of specialist engineers, consultants and support staff at its head office near Wakefield. ETS has provided telephony solutions to over 4000 customers, ranging from small independent businesses to large multisite corporations, Primary Care Trusts, Schools, and Councils across the UK and beyond. The company has a strong focus on quality and has been ISO9001 accredited for Installation, Service & Sales of Telephony Solutions since 1992 and hold accredited Gold Partner status with Avaya and Ericsson-LG.
 
Tracy Jackson, ex-shareholder managing director at ETS Communications, will be overseeing the transition to new ownership post-transaction. Tracy, his wife Allison and John Hall were advised by the Camlee Group.
 
Tracy commented, “Selling your business can be a like walking into the unknown full of uncertainty but using professional advisors like the team at Camlee ensured we achieved our objectives financially and the security for the business moving forward ”.
 
Andrew Rath, Corporate Finance Executive at Camlee, who lead the transaction supported by Managing Director Cameron Varley commented: “I would like to thank AdEPT for its professionalism throughout the transaction and I’m pleased to have advised Tracy, Allison and John to achieve the exit they were looking for”.
 
Ian Fishwick, CEO at AdEPT commented “We are delighted to have acquired such a high-quality business with a highly experienced vendor remaining with ETS post-acquisition.  The professional approach of the team at Camlee Group resulted an effective transaction process delivering value for both parties”.
 
John Barker, Mike Williams and Rakesh Pandit of Metis Law provided legal advice to the shareholders of ETS Communications, whilst Adept was advised by Cripps LLP.