Mid-market private equity firm Bowmark Capital has invested in IT services provider Xperience to facilitate its organic and acquisitive growth and to accelerate the expansion of its services in high-demand areas such as cyber security.
With more than 170 employees and offices in Lisburn, Bury St Edmunds, Glasgow, Peterborough and St Neots, the Microsoft Gold Partner supports over 800 small and medium-sized companies with a range of services, including managed IT, cloud, business applications and cyber security.
Xperience Chief Executive Iain O’Kane said: “Bowmark’s track record in our sector and their understanding of what we are seeking to achieve made them a natural partner for our business. Our vision is to grow Xperience into one of the UK’s leading managed IT service providers and we look forward to working with Bowmark to achieve this goal.”
The company is already delivering double-digit revenue and profit growth and, since 2021, has completed the successful acquisitions of two complementary IT solutions businesses, Green Duck and Riverlite.