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ABG Corporate Finance advises ITM Communications on its sale to Aliter Capital

January 2023

ABG Corporate Finance has provided sell-side advice to the shareholders of ITM Communications (ITM) on its sale to Aliter Capital (Aliter).  Financial terms of the transaction have not been disclosed.

ITM specialises in supporting critical ICT infrastructure for blue-chip private and public organisations. ITM has expert capabilities in five key areas: cabled & wireless connectivity, physical infrastructure, converged IP, offsite staging and logistics and site technical services.  Based in Milton Keynes and operating nationwide, ITM is a leading player in a fast-growing market.

The current ITM management team led an MBO of the business in 2010 and are remaining with the business following the transaction to support the next stage of ITM’s journey.

Aliter focuses on investing in and growing SMEs in the UK support services sector.  The deal is Aliter’s third investment from its second fund Aliter Capital II, which closed in October 2022.  Aliter will support ITM in both organic and acquisitive growth.

Mark Barber, Director of ITM, said: “Since completing our MBO in 2010 we knew that one day we would want to realise shareholder value.  Having spoken to several advisers we settled on ABG Corporate Finance who convinced us that they would run a well-structured process and strive to extract maximum value. Kristian led our engagement, moving us methodically and successfully through to deal completion with what was a sophisticated and experienced buyer. We would not hesitate in recommending ABG Corporate Finance, who maintained the highest levels of professionalism, attention to detail, patience, tenacity and good humour throughout our exit journey. Does what it says on the tin!”

Kristian Gavan, who led the ABG Corporate Finance team, commented: “We are delighted to have been able to advise the ITM team on a successful new partnership.  Aliter has an exceptional track record in this sector and understood the business in great depth.  Mark and the team are true entrepreneurs who have built a fantastic platform in an exciting market.

For more information or to discuss how we may be able to help you, please contact Kristian Gavan (