A view through the rear-view mirror
Home Contact Us Home-version 2 Service page About Us Office Location Post template Home Contact Us Home-version 2 Service page About Us Office Location Post template A view through the rear-view mirror Acquisition Strategy, Strategic review, Technology December 2, 2025 The sun was up, the sky clear and blue as 25 super and classic cars converged on starting point, Targa Florio Cars early in the morning on October 27th 2021 for our Regularity Rally. Over 40 partners, customers and industry investors joined the Evolution Capital team for this prestigious car rally taking in some of the UK’s greatest driving roads amidst the autumn colours of the Sussex countryside. After a welcome breakfast, the cavalcade fired up their engines and headed north for a pitstop at Vintage Bentley in Rake. There, owner William Medcalf gave our guests an insight into how he maintains and race prepares this world-renowned marque. Next stop was the oasis of calm that is Cowdray Park’s Walled Garden where the group was met by top flight international polo player, Marcus Beresford, before reaching their final destination, Goodwood’s famous motor circuit, for lunch. Evolution Capital’s MD, Nigel Cook said, “We were delighted to spend the day with so many good friends, driving superb cars, whilst we celebrated the completion of ten deals since the start of the pandemic and highlighted our e-accelerator service.” More than 2 results are available in the PRO version (This notice is only visible to admin users) Categories Acquired (2) Acquisition (8) Acquisition Strategy (24) Analytic Services (3) Blog (25) Business Acquisition (1) Business Aquired (2) Business Sale (23) Business Valuation and Research (1) Buy-Side (1) Buy-side M&A advice (1) Buyside M&A (3) Case Studies (59) Disposal (5) Financial Due Diligence (2) Fund raising and listing (1) Fundraising (1) Fundraising and M&A advice (3) ICT (2) IT (3) IT Managed Services (2) IT MSP (1) M&A Managed Buy and Build Programme (5) Managed Service and Mobile (1) Managed Services (2) MBO Management Buyout (1) Media (1) Merger (1) Multiple R&D Tax Claims (1) Sell-Side (2) Sell-side M&A Advice (1) Software (1) Strategic review & business sale (2) Strategic Review & partial sale (1) Technology (6) Telecoms (30) Telephony (1) Transaction Support (1) Unified Comms (3) Valuation and fundraising (1) Social Media Our Blog Related Articles View all blog posts Acquisition Strategy, Blog, Fundraising, Fundraising and M&A advice, IT, Strategic review & business sale A view through the rear-view mirror December 2, 2025 Acquisition Strategy, Blog Evolution Capital Celebrate Completion of Ten Transactions December 2, 2025 Acquisition Strategy, Blog Do you know who’s looking? Why the UK cybersecurity sector needs to be more dynamic December 2, 2025 Acquisition Strategy, Blog Trends You Can Trust | Cyber Security December 2, 2025 Acquisition Strategy, Blog Outstanding outcomes in Kenya December 2, 2025 What does Evolution Capital do? We specialise in advising Technology, IT and Telecoms business owners on business sales, acquisitions and strategic growth. Our work includes valuation, exit planning, due diligence, market intelligence and full end-to-end transaction support. What types of companies do you work with? We work exclusively with owner-managed and mid-market businesses in the Technology, IT, Telecoms and Managed Services sectors. Our clients typically generate between £2m–£50m+ in annual revenue. When is the right time to start planning a sale? We specialise in advising Technology, IT and Telecoms business owners on business sales, acquisitions and strategic growth. Our work includes valuation, exit planning, due diligence, market intelligence and full end-to-end transaction support. What does Evolution Capital do? We specialise in advising Technology, IT and Telecoms business owners on business sales, acquisitions and strategic growth. Our work includes valuation, exit planning, due diligence, market intelligence and full end-to-end transaction support. What does Evolution Capital do? We specialise in advising Technology, IT and Telecoms business owners on business sales, acquisitions and strategic growth. Our work includes valuation, exit planning, due diligence, market intelligence and full end-to-end transaction support. We specialise in advising Technology, IT and Telecoms business owners on business sales, acquisitions and strategic growth. Our work includes valuation, exit planning, due diligence, market intelligence and full end-to-end transaction support. We work exclusively with owner-managed and mid-market businesses in the Technology, IT, Telecoms and Managed Services sectors. Our clients typically generate between £2m–£50m+ in annual revenue. We specialise in advising Technology, IT and Telecoms business owners on business sales, acquisitions and strategic growth. Our work includes valuation, exit planning, due diligence, market intelligence and full end-to-end transaction support. We specialise in advising Technology, IT and Telecoms business owners on business sales, acquisitions and strategic growth. Our work includes valuation, exit planning, due diligence, market intelligence and full end-to-end transaction support. We specialise in advising Technology, IT and Telecoms business owners on business sales, acquisitions and strategic growth. Our work includes valuation, exit planning, due diligence, market intelligence and full end-to-end transaction support. FAQ Frequently Asked Questions Request a Confidential Consultation Discover Your Business Value Start with a strategic assessment to understand your maximum potential valuation in the current market. Contact us now Company About Us Blogs Our Location Careers Our Services About Us Sell Side Buy Side Data Work Resources Faq Client Dashboard Support Our Location Contact Us (020) 3696 2810 Info@evolutioncapital.com 68 King William Street, London, EC4N 7HR The Granary, Oak Lane, Chichester, PO20 7FD Subscribe Subscribe to our newsletter
ACS Group
Home Contact Us Home-version 2 Service page About Us Office Location Post template Home Contact Us Home-version 2 Service page About Us Office Location Post template Strategic review & business sale IT, Strategic review & business sale April 2019 ACS Group was launched in 1999 as IT specialists for small businesses and educational establishments in South Yorkshire. The company was founded by two brothers, Mike and Kevin McEwen in Doncaster, on the back of a £5,000 loan from the Halifax Building Society. Today, they are the proud owners of a thriving local business with over 250 customers and a retention rate of over 95% – an envious target for any business providing IT support. The challenge Like many successful business owners, the McEwen brothers always kept a weather eye on the mergers and acquisitions market. When they were approached by Evolution Capital in 2016, the brothers decided the time was right to prepare ACS for a potential sale. Mike McEwen, co-owner of ACS Group, said: “Whilst we were very comfortable with the growth of our business and what we needed to do to continue our success, we were not quite so sure about presenting ACS Group to the outside world. After a couple of meetings with Evolution Capital, it became very clear that we required some high-level expertise. The team was very knowledgeable and provided us with invaluable advice.” Advice, planning and preparation Evolution Capital kick-started the process with a full strategic review. The exercise culminated in the delivery of a 30-page document providing a detailed appraisal of the business, current valuation and importantly the necessary recommendations for ACS Group to achieve its optimum outcome. The review was conducted over a six month period and involved a multi-disciplined approach. During this time Evolution Capital provided experts to address many of the different challenges that ACS Group needed to tackle, in order to become an attractive proposition for an acquirer. Particular focus was given to the company’s transactions, operations and financial processes. Detailed analysis and recommendations were then provided in each area, including: Making customer contracts more valuable Removing all unnecessary costs Streamlining the operations Ensuring that a proper structure was in place to the benefit of any future acquirer. Mike McEwen continued: “The team at Evolution Capital took us out of our comfort zone and questioned our existing processes and methodologies. It highlighted what we needed to do to exit the business at the right price.” Unlocking hidden value Following the review, ACS Group set about implementing Evolution Capital’s specific recommendations in a number of areas including cost management, team restructuring and sales process. This soon produced some very tangible benefits: An increased focus on new business created additional value Existing clients were re-signed on long-term contracts enhancing the predictability of sales forecasts Reorganising the company’s assets resulted in an increased EBITDA Removing unnecessary support and infrastructure costs gave the company a higher valuation multiple. Kevin McEwen added: “The impact was dramatic. We thought we had a robust sales process but after we implemented the recommendations our sales force went from 12 to six people. Yet, the smaller team generated much more revenue. The result was that we accelerated our bottom line profit significantly.” A successful outcome All the recommendations in the strategic review were implemented, successfully enabling ACS to pursue its desired exit strategy of a trade sale at a much-improved valuation than had originally been expected. A detailed Investment Memorandum was prepared by Evolution Capital and suitable buyers were approached. Mike McEwen said: “We are absolutely delighted with the results of our partnership with Evolution Capital. Not only has the team proved its comprehensive knowledge of our marketplace but its expertise, demonstrated in guiding us toward our goals, has been exemplary. Its proposals and advice have been exactly what we needed.” More than 2 results are available in the PRO version (This notice is only visible to admin users) Latest Posts Case Studies ACS Group Business Sale Glemnet Business Sale Centrix Categories Acquired Acquisition Analytic Services Business Acquisition Business Aquired Business Sale Business Valuation and Research Buy-Side Buyside M&A Case Studies Disposal Financial Due Diligence Fund raising and listing Fundraising and M&A advice ICT IT IT Managed Services IT MSP M&A Managed Buy and Build Programme Managed Services MBO Management Buyout Media Merger Multiple R&D Tax Claims Sell-Side Sell-side M&A Advice Software Strategic review & business sale Strategic Review & partial sale Technology Telecoms Unified Comms Valuation and fundraising Social Media Our Blog Related Case Studies View all Case Studies, Strategic review & business sale ACS Group December 2, 2025 Acquisition, Case Studies, Managed Services Callagenix December 2, 2025 Acquisition, Case Studies, Managed Services Callagenix December 2, 2025 Acquisition, Case Studies, Managed Services Callagenix December 2, 2025 Business Sale, Case Studies, Unified Comms Glemnet December 2, 2025 Request a Confidential Consultation Discover Your Business Value Start with a strategic assessment to understand your maximum potential valuation in the current market. Contact us now Company About Us Blogs Our Location Careers Our Services About Us Sell Side Buy Side Data Work Resources Faq Client Dashboard Support Our Location Contact Us (020) 3696 2810 Info@evolutioncapital.com 68 King William Street, London, EC4N 7HR The Granary, Oak Lane, Chichester, PO20 7FD Subscribe Subscribe to our newsletter