Sale of mhance to Silvertree Equity

mhance helps organisations transform their business operations through Microsoft technology solutions, with deep expertise in Dynamics 365, GP and Business Central implementations. The business works across diverse sectors including nonprofits, manufacturing, construction and professional services, providing everything from initial consulting through ongoing support. Their track record includes being named Microsoft's “Global Nonprofit Partner of the Year” in 2023, reflecting their ability to deliver meaningful digital transformation results for clients.

Fred Dreaden, Director - Head of Private Equity: “mhance is a high-performing, attractive IT management services platform operating in a dynamic and growing market. The business has demonstrated consistent excellence in delivery, underpinned by strong leadership and deep sector expertise. This transaction provides SilverTree with a compelling platform for growth, enabling them to scale their presence and unlock further value in the IT services space. We’re thrilled to have supported the shareholders in identifying a partner that shares their vision and ambition for the future.”

Alan Moody, CEO: "Having successfully completed the sale and purchase of the m-hance business between two Private Equity firms, it is right to highly commend the service provided by the Forvis Mazars team throughout a lengthy, and challenging process. From the initial engagement through to completion, their tenacity and unwavering commitment proved invaluable in meeting the demands of various stakeholders. The team's proactive communication, combined with their continued efforts in pre-empting challenges with pragmatic solutions, ensured we remained informed at every stage. As such, it very much felt like a collaborative approach between the two teams. The credibility in the market that Forvis Mazars has forged has been well earned, and I would therefore highly recommend any management team to get in touch to discuss their M&A/exit plans."