Matrix Business Group Sold to Onecom

Moore Barlow supported the sale of Hampshire-based IT managed services provider Matrix Business Group Limited to Onecom Limited. The article describes the transaction as part of continued investment in the UK managed services market.

Matrix Business Group’s Nicholas Cronin said the sale required a high level of scrutiny and that Moore Barlow helped navigate documentation, due diligence, and employment matters. Moore Barlow’s Jeremy Over said strong activity continues in IT managed services, particularly from private equity-backed buyers.