Blue Chip
Technology, Media & Telecoms
Investec advises Blue Chip on its sale to Service Express
Our role
Investec acted as Financial Advisor to Blue Chip, running a competitive auction process involving private equity and a number of trade buyers from the US, Europe and Asia.
The process was run almost entirely virtually due to Covid-19. Through the process Service Express – already a major Blue Chip partner – proved to be the best cultural and strategic fit.
The Deal
Investec advises Blue Chip, the UK's leading IBM maintenance and managed services provider, on its sale to US-based, private equity backed, Service Express.
About Blue Chip
Blue Chip, established in 1987, provides mission-critical IT infrastructure support behind many of the largest brands in the UK. It is the UK's largest post-warranty provider of IBM maintenance and a trusted managed service provider from its own UK-based data centres.