A strategically structured acquisition, supported by funding and long-term preparation, brought together Pragma and Techland to create a larger channel-focused technology group with a strong platform for growth.

Pragma acquired Techland to create the EnableX Group, bringing together three go-to-market brands: Pragma, Candio and Techland. The enlarged group serves more than 250 resellers and works with a range of established technology vendors, positioning it strongly in the reseller channel.

The transaction created an opportunity to build further scale in a specialist market, combining complementary businesses with similar cultures, aligned ambitions and a shared commitment to supporting high-growth resellers.

EnableX Group logo

Knight Corporate Finance, now part of K3 Deal Advisory, advised Pragma on the acquisition of Techland and also introduced the acquisition funding provided by BOOST&Co.

The team had worked with the business well before the transaction through its Vendor Assist programme, helping the shareholders assess value, readiness and strategic options in advance. That early preparation gave the shareholders greater clarity on timing, structure and the route to the best outcome.

K3 Tax, also part of K3 Advisory Group, advised on the tax aspects of the transaction.

The transaction created the EnableX Group and established a larger platform for further growth in the channel technology market.

For the shareholders, the process delivered both strategic clarity and execution support, helping them progress from early planning to a completed deal with funding in place.

Knight helped us prepare well in advance, understand our options and move forward at the right time to achieve the best outcome for stakeholders.

Tim Brooks said

Knight helped us identify the right options for the next stage of our growth and gave us the support needed to execute the transaction successfully.

Will Morey, CEO of EnableX, added