Castle advises on Perpetual IT Consultants BIMBO

Castle is pleased to announce completion of a Buy In/Management Buy Out at IT service specialist, Perpetual IT Consultants Limited

The transaction facilitated the retirement of Perpetual’s co-founder Nick Day, and the introduction of John Forristal as a new shareholder alongside Donal Ward, the remaining founder/shareholder.  John introduces new skills and resources with the merger of his business, aComputer Limited.

Donal Ward, managing director of Perpetual, commented: “I have known Mike for many years and knew that he and his team would be best placed to help us through this transition. Their help was invaluable.”

Mike Norrie of Castle added: “This has been an interesting assignment, realising a single outcome that met the joint aspirations of all parties.”