FDD Spotlight: Partnering with Chess ICT

When one of the UK’s leading ICT services providers explored strategic acquisitions this year, Evolution Capital was proud to work alongside Chess to help bring clarity, confidence and discipline to the acquisitive process.

In a market where competition for quality assets remains strong, successful acquisitions depend on more than ambition alone. They require a clear understanding of financial performance, commercial drivers, underlying risks and the factors that shape value. This is where robust Financial Due Diligence becomes critical.

Our team worked closely with Chess to provide detailed, sector-focused analysis throughout the process. Combining deep knowledge of the ICT market with granular financial interrogation, we helped management assess opportunities with greater confidence and make informed decisions at pace.

A key part of this support was the ability to move beyond static reporting and provide more interactive, decision-led analysis. By bringing together detailed financial insight, sector expertise and real time interrogation of the data, we enabled greater visibility around performance, quality of earnings and the issues that matter most in an acquisitive environment.

For acquisitive businesses, clarity is everything. The ability to understand a target properly, identify potential areas of risk, and assess strategic fit with conviction can make a meaningful difference to both transaction outcomes and post-deal value creation. Our work with Chess reflects the importance of combining rigorous analysis with practical, commercially relevant insight. Richard Btesh, M&A Director at Chess commented;

The Evolution team’s commercial insight and technical expertise provided us with a deep understanding of the business’s performance, helping set realistic budgeting expectations.”

At Evolution Capital, we support ambitious management teams, founders and investors across the full transaction lifecycle, from M&A advisory through to Financial Due Diligence and broader transaction services. Our approach is grounded in detailed analysis, sector understanding and a commitment to helping clients make better decisions in complex situations.

Granular. Analytical. Sector specific. That is Evolution Capital.

For more information on EC Analytics, our M&A advisory services, or our Financial Due Diligence and transaction services, please get in touch.

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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 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.

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