The non-public fairness backer of the know-how firm beforehand generally known as UK Quick is exploring a sale that it hopes will fetch a £400m price ticket.
Sky Information has learnt that Inflexion, the buyout agency, has employed funding bankers to orchestrate a sale of ANS, which gives cloud internet hosting providers to company prospects.
UKFast was rebranded as ANS within the wake of revelations within the Monetary Occasions in 2019 concerning the conduct of UKFast’s founder, Lawrence Jones.
Mr Jones was convicted of rape and sexual assault in 2023, and was sentenced to fifteen years in jail.
Arma Companions is known to have been employed to advise on the sale of ANS, which was acquired by Inflexion in 2021.
ANS was based by Scott Fletcher, a former little one actor who appeared in tv exhibits resembling Casualty and Jossy’s Giants.
The mixed group, which relies in Manchester, is anticipated to be value between £300m and £400m, based on banking sources.
Potential bidders are anticipated to incorporate different non-public fairness companies.
Inflexion declined to remark.
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