Air IT

PF_AIRIT4

Air IT is a Nottingham based provider of a full suite of managed IT solutions including 24/7 IT support, cloud migration, cyber security and communication services to the 20 – 250 seat SME market.

August Equity has a strong heritage of investment in the technology sector and Air IT displays the same, non-cyclical, award-winning characteristics as previous investments in the space. As part of the targeted roll-up strategy, August Equity are backing Chairman, Ian Brown, as part of a proven, successful partnership, which saw the exit of Secure Data to Orange in 2019 whilst Ian was Chairman. Air IT is the first investment made from August Equity’s fifth fund, which closed in January 2020 at £309m.

Go back

August Equity invested in Air IT in January 2020. August has since worked with the team to define the M&A strategy, identify potential targets and successfully execute four acquisitions in quick succession during the Covid-19 pandemic, which brought its own challenges. August are very supportive and available to discuss, assist and provide counsel on all business matters at hand, including the refinement of reporting and forecasting which proved to be invaluable in order to make right decisions in quick order. All alongside providing management the autonomy to own the strategy and operations of the business.

John Whitty, CEO
PF_AIRIT3