Anglia Business Solutions Completes Successful £6 million ($10 Million) Management Buyout


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Thu. December 13th, 2012

<p style="text-indent:0px; line-height:12px;"><span style="font-weight:bold;">Cambridge, UK-</span><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">By ANUK Staff<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">12.13.12</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>Anglia Business Solutions Ltd has announced the completion of a successful £6 million ($10 million) management buyout led by Group CEO Robert Frost and an executive team of six. Funding for the MBO is provided by the current Management Team, WestBridge Capital, The Co-Operative Bank and a US based investor group.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><img src="https://cdn.andnowuknow.com/legacyWriterImages/bodyimageangila.jpg" alt="Images 121312" /><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Robert Frost, commented at the completion of the transaction, “This is fantastic news for Anglia and represents the next chapter in our growth strategy. I am extremely fortunate to work with such an experienced management team and highly skilled, dedicated staff. We are excited to be driving the business forward to reach and exceed our goals, guided by the invaluable advice provided by our investors.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">With the investment, Anglia will be able to accelerate its growth in the UK and Internationally, as well as underpinning its strategy to continue investing heavily in the development and support of LINKFresh. LINKFresh is Anglia’s award winning business management solution supporting the full supply chain for the food industry. This will include the continued support and development of solutions across all of Microsoft’s technology platforms including Microsoft Dynamics NAV and the further development of LINKFresh on the Microsoft Dynamics AX Platform, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">The strategy will allow Anglia to target all companies within its chosen markets.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Guy Davies, Managing Partner at WestBridge Capital, said, “This is the sort of hidden gem company we like to invest in – established, profitable and with huge growth potential, but in need of capital to implement its plans. Anglia has exciting plans afoot, not least of which will be growing its presence and market share in the States where food traceability legislation is catching up with Europe. This provides the perfect opportunity for the company to grow market share with its suite of Microsoft supported products, which are already tried, tested and proven.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.angliabs.com/Services_index.aspx" target="_new">Anglia Business Solutions</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">