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84% of Private Equity backers of UK ICT firms plan to make new technology aquisitions in 2010

Friday, February 26, 2010 | Posted by: Grant Thornton
| Tags: Grant Thornton, technology, Wendy Hart, investors, Simon Davies, Himanshu Raja, cloud computing, Ash Hussain, Martin Rowland, Axial Systems, Corporate Finance, ICT, Niki Dixon, SaaS, LDC, BT Design, Software as a Service, private equity,, Information and Communication Technologies,

UK firms specialised in Information and Communication Technologies (ICT) continue to attract private equity investors, according to our recent ‘Where is the Smart Money Going in ICT?’ report. The survey of the 40 leading private equity investors backing UK ICT firms recorded 84% as saying that their firm planned to undertake an acquisition in the UK ICT sector over the next 12 months.

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