New management steps in for Triage sale

Triage Services, which specialises in maintaining and repairing IT systems, has been bought in a secondary buy-out. Kaye Enterprises, Bridges Ventures and Calculus Capital financed the deal with debt provided by The Royal Bank of Scotland.


Triage Services, which specialises in maintaining and repairing IT systems, has been bought in a secondary buy-out. Kaye Enterprises, Bridges Ventures and Calculus Capital financed the deal with debt provided by The Royal Bank of Scotland.

Triage Services, which specialises in maintaining and repairing IT systems, has been bought in a secondary buy-out. Kaye Enterprises, Bridges Ventures and Calculus Capital financed the deal with debt provided by The Royal Bank of Scotland.

The company focuses its operations on desktop products, mobile technology devices and ATMs. The buy-out was led by non-executive chairman Mike Norris, who is the chief executive of IT infrastructure services business Computacenter. He was joined in the deal by Gary Moinet, Colin Mackrill and Steve Ralph.

Those shareholders wishing to sell include some of the business’s founding directors as well as venture capitalist and private equity group 3i, which backed the first buy-out at the company 10 years ago.

Triage has a £13 million turnover with more than 230 employees at its offices in Bedfordshire, Manchester, Newport and Wokingham.

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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