Sale marks the culmination of an advisory relationship spanning over 10 years, covering funding, acquisitions and exit.
K3 Deal Advisory has advised the shareholders of Iglu Tech Group, including founder Jason Yeomans, on the sale of the business to Your.Cloud.
Iglu Tech Group is a UK technology services provider supporting SMEs across managed IT, cloud, cyber security and digital transformation. The group brings together ISAAC Intelligence, Guidance Technologies, Impreza IT and Supportplan, with services spanning IT support, Microsoft 365 and cloud solutions, cyber security and virtual CTO, CIO and CISO support.
Building Iglu
K3 Deal Advisory’s relationship with Iglu spans over 10 years, beginning under the team’s former Knight Corporate Finance identity.
The team initially supported Iglu in securing debt facilities to fund its expansion, before advising on the acquisitions of Guidance Technologies, Impreza IT and Supportplan.
Together, those transactions helped build Iglu from a single business into a broader, multi-brand managed services group. The acquisitions also created opportunities to cross-sell services across the group, alongside continued organic growth.
By the time the shareholders began considering an exit, Iglu had developed an expanded technology proposition and an established customer base.
From growth to exit
When the shareholders decided the time was right to explore a sale, K3 Deal Advisory ran a competitive process built around their objectives for the business and its future ownership.
The process attracted significant interest and ultimately led to the sale to Your.Cloud.
The deal brings together more than a decade of work with Iglu, from securing funding and supporting acquisitions through to advising on the eventual exit.
Joining Your.Cloud
Amsterdam-headquartered Your.Cloud is an investment and operating platform bringing together locally led managed service providers across Europe.
Iglu will continue to operate under its own name and leadership, with Jason remaining as Managing Director. Customers will continue to work with the existing Iglu team, while the business gains access to wider capabilities across the Your.Cloud group, including additional cyber security solutions, specialist Microsoft expertise and cloud infrastructure services.
Your.Cloud’s decentralised model allows its businesses to retain their identity and local autonomy while drawing on the knowledge, resources and expertise available across the wider group.
For Iglu, that means continuity for its team and customers alongside access to the wider capabilities of the Your.Cloud group.
Reflections on the transaction
“K3 Deal Advisory has been alongside me for the whole journey: from raising the finance that funded our growth, through the acquisitions that built Iglu into the group it is today, to finding the right home for the business with Your.Cloud. They understood what I wanted to achieve at every stage, and their commercial judgement and hands-on support saw the deal through to completion.
“Having advisers who know your business as well as you do makes all the difference. They took the time to understand what I wanted from a deal, not just the price, and built the process around that. They ran a tight, professional process, brought the right buyers to the table, and were firm and commercial in negotiations.
“I’m genuinely excited about the next chapter. Your.Cloud shares our people-first approach, and their scale and expertise will help us do even more for our customers and our team.”
Jason Yeomans, Founder and Managing Director, Iglu Tech Group
“What stands out about Iglu is the ambition and vision Jason and his team have brought to the business.”
Bastiaan Topper, Portfolio Director, Your.Cloud
“It has been a privilege to work with Jason over a number of years and to help him build Iglu from a single business into a scaled, multi-brand MSP. It is no surprise to me that the business was able to attract serious buyers as the groundwork laid through each funding round and acquisition put the business in a strong position when the time came to exit. Your.Cloud is an excellent partner, and we wish Jason and the team every success.”
Adam Zoldan, Managing Director, K3 Deal Advisory
