Fusion5 acquisition of share capital in Optimum Consulting
VCF Capital acted as financial advisor on the sale to Fusion5.
September 2024
Company Overview
Optimum Consulting is a leading provider of Microsoft D365 implementation services with a particular focus on e-commerce, retail, wholesale and manufacturing.
Background
Having successfully built a high-quality, boutique Microsoft Dynamics 365 Consulting Practice in Australia, VCF Capital were engaged to consider options to accelerate the next stage of growth including:
Securing a financial or trade partner; and
Assess other value creating pathways available to shareholders
The brief was clear, Optimum were growing at pace and saw a much bigger opportunity available.
Cultural fit and an aligned view on growth strategy were critical for the Optimum management team.
After negotiating and considering several indicative offers, Optimum chose to move forward with Fusion5, a large ANZ technology solutions business with significant growth ambitions under the majority ownership of BGH Capital
Transaction Summary
In September 2024, Fusion5 acquired 100% of the share capital in Optimum Consulting.
95%+ of the Optimum team, including 100% of senior management, have joined Fusion5 for the next stage of growth.
Outcome
VCF Capital successfully managed a sell-side process from end to end, this included the following:
Initial engagement with the Optimum management team to understand their key priorities for a sale beyond price
Management of a targeted market-sounding process with a selected group of parties
Detailed business and transaction-focused financial modelling
Preparation of marketing materials to aid conversations with buyers
Negotiation of non-binding offers and assisting Optimum to rank and consider the preferred partner
Management of an extensive due diligence program across financial, tax, legal and commercial due diligence
Negotiation and finalisation of key transaction documents to effect Completion