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Mike Ing on the formation of Kerv Group

In the latest episode of Comms Business Live with Knight Corporate Finance, David Dungay was joined by Adam Zoldan, Director and co-founder of Knight Corporate Finance, and Mike Ing, Managing Director of newly formed entity Kerv Group.

The new entity was formed during the lockdown period and was a triple merger which brought together companies Foehn, DoubleEdge and Metaphor IT. Adam Zoldan, Director of Knight Corporate Finance, joins the conversation after advising on part of the deal and explains how deal activity has never been stronger in the sector.

Knight Corporate Finance simultaneously and separately advised the shareholders of DoubleEdge and Foehn in the three-way merger to create Kerv, a customer-first, cloud-first managed services provider backed by private equity house LDC and serial tech entrepreneur, Alastair Mills.

Adam Zoldan believes this to be further evidence of the resilience of the sector, saying “The dynamism of the channel is exemplified with this latest deal and the emergence of Kerv brings an exciting new player looking to disrupt the market. The deal also demonstrates the confidence of private equity investment in the sector, which looks set to continue”.

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David Dungay

Editor - Comms Business Magazine