Management buyout of CIO Connect for £3.1 million
HMT, led by partner Andrew Thomson, were delighted to act for Royal Bank of Scotland and Shackleton Ventures in their funding of the management buyout of CIO Connect.
CIO Connect is the foremost provider of comprehensive memberships specifically targeted at Chief Information Officers of leading FTSE companies in the UK. It has established itself over many years providing event information highlighting issues and trends and a forum for Chief Information Officers to meet and exchange views. Management, under the leadership of Nick Kirkland, believe it to be well positioned to take advantage of the lack of a quality forum for Chief Information Officers in other countries, as well as further expansion within the UK.