A Suffolk technology consultancy and distributor has been acquired by Merino Private Equity, after growing revenues by 30% during the pandemic, with support from Shawbrook Bank. Multithread Consultants’ management now aims to drive further growth following the management buyout with investment from Merino Private Equity. The company provides consultancy for, and distribution of, wireless networking products. Its strong team includes software designers and developers, with network and wireless specialist advisers.
Nick Shore has been appointed Managing Director after 20 years within Multithread Consultants, most recently as Chief Technology Officer. He said: “New standards of connectivity mean businesses can enhance their IT network infrastructure with wireless solutions. This creates an opportunity for us and our installer partners to work with organisations and help them facilitate the new hybrid ways of working and to build on the success we’ve already had helping organisations to adapt their infrastructure to meet new requirements.”