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Michelmores has acted for the shareholders of Ralston Enterprises Limited in the successful sale of the Solsoft Group to Ekco, a leading EU-based managed cloud and security services provider. Founded in 2011 by Mike and Louise Ralston, Michelmores has supported the Solsoft Group for nearly 15 years.
Solsoft Group is an established IT managed service provider based in Bristol. Known for its exceptional customer service and trusted managed service delivery, Solsoft Group has built a strong reputation within the industry.
The Michelmores Corporate team advising on the transaction comprised Partner Richard Cobb, Managing Associate Angharad Doyle, and Associate Emma Cheshire. They worked alongside Venture Corporate Finance, who acted as corporate finance advisors to the shareholders. Gateley provided legal advice to Ekco.
This deal marks a significant milestone for the Solsoft Group and its shareholders, enabling new growth opportunities under Ekco’s expanding European footprint.
Richard Cobb, Partner and Head of Corporate at Michelmores, commented:
“We are delighted to have supported the shareholders of Ralston Enterprises Limited on this important transaction. The sale of Solsoft Group to Ekco represents an exciting next chapter for the business, combining SSG’s strong service ethos with Ekco’s extensive European cloud and security expertise. It has been a pleasure working closely with the shareholders and our partners throughout the process.”
Mike Ralston, Co-founder of Solsoft Group, added:
“Since founding Solsoft in 2011, our focus has always been on delivering outstanding managed services to our clients. Partnering with Ekco opens up new horizons for the business and its people, and we’re excited about the opportunities this brings for continued growth and innovation.”
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