The business services sector covers a wide spectrum of service industries including information technology, outsourcing, technical, distribution, maintenance and supply chain services.
The business services market offers attractive niche consolidation opportunities. 'Buy and build’ strategies are the key focus for our work in this area and we have already provided a number of management teams with the resources to grow their businesses both organically and through acquisitions. A recent example is
Munro Global, a leading player in the fragmented market research sector. Munro was a newco formed in June 2006 as a platform for a ‘buy and build’ strategy. Acuity provided initial funds for the acquisitions of
FDS International and
Acefieldwork and then provided further investment to support the acquisition of
Maven Research in April 2007. As it achieves scale, Munro is able to deliver client-focused, business-enhancing solutions across a broader range of marketing services.