Disposal of Centric Systems Ltd

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Disposal of Centric Systems Ltd 2017-06-06T10:54:33+00:00

Project Description

Disposal of Centric Systems Ltd

centric-equity-networksHMT, led by Partner Mark Lucas and Associate Director Jez Quigg advised the shareholders of Centric Systems (“Centric”) on the disposal of the business to Equity Networks.

Based in Cookham Dean, Berkshire, Centric is a highly acclaimed business technology and IT services company. Founded in 2004 by Abbos Azad, Centric has clients based in London and the Home Counties as well as internationally.

Equity Networks, a leading UK Managed Communications Service provider based in Uxbridge, acquired Centric for an undisclosed sum. Abbos has been appointed as Managing Director and will continue the expansion of the businesses.

Abbos Azad, Founder of Centric commented,

“Jez, Mark and the team at HMT were pivotal to the success of our transaction. Their advice and commitment to the sale were invaluable and I would recommend them without question to every business owner I know. I am forever grateful for the dedication they showed.”

Mark Lucas commented,

“We were delighted to have advised Centric on the disposal of the business to Equity Networks and we wish both the business and Abbos every success for the future.”