Finyx deal with Ekwithree Investments

GHF Advisory has advised the shareholders of Finyx on a deal with Ekwithree Investments to take a stake in Finyx, to help provide the company with the funds to grow the business over the next 5 years and beyond.

 Finyx is a leading IT Management Consulting firm delivering sustainable digital and technology-enabled change to prestigious private and public sector organisations. Ekwithree is the management company for the E3 growth fund which has been established by successful entrepreneurs with a proven track record of building a global B2B service provider. The team at Ekwithree bring the financial means, know-how, ability and experience to help Finyx to scale and internationalise the business.

The deal positions Finyx as a “Platform Company” with a growth plan that includes investment in organic and non-organic growth. Over the coming years Finyx expect to see opportunities to grow their footprint across additional industries such as utilities and infrastructure, additional services including AI, Data and Cloud, and additional geographies, for example expansion into the EU.

The Ekwithree Leadership team said: “We have been thoroughly impressed by the outstanding professionalism and integrity of the Finyx leadership team. Their service offering, which addresses the increasing market demand, their strong reputation, and their strategic growth plan, all align perfectly with our values and vision. The market Finyx operates in is both dynamic and full of potential, and we are eager to explore the exciting opportunities for future growth and development together.”

The Finyx Leadership team said: “This partnership brings valuable expertise that will accelerate our expansion and strengthen our market position. With increased scale we can gain market share in new sectors and geographies and deliver bigger projects with material impact to our clients. Our tag line “small enough to care, big enough to depend on” summarises our aspirations for the firm and our differentiated cultural DNA. We will maintain the focus we have today but will be able to provide a wider range of services.”

Commenting on the role GHF Advisory played in the transaction, Phil Stewart, MD of Finyx, said: “Many thanks for your sage advice, expertise and steady hand through this complex transaction. We couldn’t have done it without you – and look forward to working with you in the future.”