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AHV acts as advisor to the Telinet Group Ltd on its acquisition of Ipitomi Ltd

Following advice provided by AHV, ICT Solutions provider Ipitomi has joined Evolution Voice and Data, Telinet and Pasporte in a move that further enhances the Group's ability to champion end-to-end ICT solutions in the UK mid-market.

The acquisition was completed on December 18th 2008.  AHV sourced the acquisition and assisted in the negotiations with the vendor in the execution of the transaction.  AHV have now advised the Group on five acquisitions since 2005.

Backed by Investec and a group of private investors, the Group now has revenues in excess of £60m and is very well positioned for significant growth in the future.

Paul Cosgrave, Group CEO, said

"AHV was instrumental in the initiation and negotiation of this transaction and in ensuring that it remained on track in a very difficult M & A environment.  There were multiple interested parties on both sides of the table and AHV's advice and assistance was invaluable in managing the transaction to completion.  The Group has a long standing relationship with AHV and we look forward to extending it further in the future."