MXC Capital invests in Leeds-based IT infrastructure group SICL
Source - SMW
MXC Capital said it had made the first investment into its MXLG joint venture with Liberty Global via the acquisition of Leeds-based IT infrastructure group SICL.
MXC, together with a co-investor, each made an equity investment of £2.35m to part fund the acquisition, the company said.
'SICL represents the first step in MXLG's strategy of building an IT services provider focused on small and medium sized business customers within the UK,' chief executive Ian Smith said.
At 1:42pm: (LON:MXCP) MXC Capital Plc share price was +0.05p at 1.43p