DTE Transaction Services supports Innov8 Technology on strategic acquisition of Acorn IT Solutions

Acorns IT Solutions Limited has been acquired by Innov8 Technology Limited in a transaction supported by DTE Transaction Services in Manchester.

Innov8 Technology Limited, a leading provider of software and IT infrastructure based in Stockport, continues to expand its market presence across the UK and into Ireland with the acquisition of Acorn IT Solutions.

Acorn, one of the largest fully accredited Sage Business Partners in the UK and Ireland, will enhance Innov8’s service offerings and strengthen its position within the competitive IT solutions market.

Carl Maher, Managing Director of Innov8, said, “The partnership of Innov8 Technology and Acorn IT Solutions is a significant milestone in Innov8’s growth strategy. Acorn’s expertise and market presence will complement our existing offerings, allowing us to deliver even greater value to our clients across the UK and Ireland. We are excited to welcome the Acorn team and look forward to the opportunities this acquisition brings.”

DTE Corporate Finance, part of the top 50 accountancy group DJH, successfully provided financial due diligence services to Innov8 Technology. The DTE Transaction Services team have extensive experience in transactional services, offering tailored project work for individuals, companies, banks, and private equity institutions.

Lewis Pearson, Associate Director at DTE, said, “This acquisition exemplifies our commitment to supporting Innov8 Technology Limited in their strategic growth journey. Our longstanding partnership, now marked by three successful collaborations, underscores the trust and expertise DTE brings to facilitating significant acquisitions in the IT sector.”

This acquisition marks the third collaboration between Innov8 Technology Limited and DTE Corporate Finance, following the successful advisory services provided by DTE on the acquisitions of Viking Management Systems Limited in 2017 and Wharncliffe Business Systems Limited in 2022. The continued partnership highlights DTE’s expertise in facilitating strategic growth initiatives for Innov8.

The DTE team comprised Matt Beckley, Lewis Pearson and Ben Fallows.