East Midlands based Flint Bishop and Skye Corporate Finance, have advised the sellers of First Hosted Limited on their sale to audit, tax and consultancy giant, RSM UK.
First Hosted Limited is a multi-award winning Netsuite partner, providing customised Netsuite products, solutions and services to clients in Europe and beyond. RSM’s acquisition of this company makes them the largest Netsuite partner across Europe. Now boasting a team of almost 100 specialists, RSM provides clients with a greater reach through its UK and global network and a breadth of skills and capabilities that ensure greater collaboration with the businesses it serves.
Andrew Peddie, Managing Director at First Hosted Limited comments:
“In many ways, RSM’s acquisition of First Hosted Limited breaks new ground in the cloud computing sector. Flint Bishop’s team, led by Rachel, together with lead advisory support from John Sykes, gave First practical advice in a friendly and efficient manner making a complex process simpler, helping to ensure a successful and timely outcome.”
Rachel Bennett comments:
“Flint Bishop has worked with First Hosted Limitied for a number of years and it is fantastic to see a client’s business grow and achieve the ambitions of its owners. This deal brings exciting new opportunities for Managing Director, Andrew, and Operations Director, Darren, to drive First Hosted Limited’s future as part of the RSM group.”
John Sykes from Skye Corporate Finance who also advised the sellers said:
“First Hosted Limited is a high energy technology business that has grasped the opportunity in the Cloud environment. The growth potential is enormous and I’m sure this will be realised as part of the global RSM organisation.”
For more information, please contact our Corporate Finance team.