Mintivo's four directors buy out IT firm to sharpen growth focus

What's the deal? Four directors at MintivoDealroom has a profile for this one. Try Dealroom →, a Chippenham-based IT services company, have completed a management buyout, purchasing shares from its two other major shareholders. Managing director Alex Jukes led the deal alongside Mark Adams, Graham Ford, and Jake Jeffries. Terms were not disclosed.

Why now? The nine-year-old company has posted 40% growth for two consecutive years and says it has reached a point of stability. "We've got to that point of stability where we know what we're doing next," Jukes said.

What's the endgame? Mintivo specialises in managed IT support, consultancy, cyber security, and automation. Jukes said the buyout puts ownership in the hands of four senior people closely involved in daily operations. "What we're doing now is showing our current and future customers that we are a team that is committed to that next phase," he said.

The company has worked in defence since its formation and has since expanded into manufacturing, professional services, and charities. Third Sector partners now include Dorothy House HospiceDealroom has a profile for this one. Try Dealroom →, Prospect HospiceDealroom has a profile for this one. Try Dealroom →, and Wiltshire and Bath Air Ambulance.

What's the plan? Growth in managed services is the priority, and Jukes said Mintivo is on course to meet its annual target. The firm aims to scale using systems, automation, and AI rather than constant hiring. It also recruits from within where possible, taking on more apprentices.

The signal: Management buyouts let founders and senior staff consolidate control at a moment of momentum, aligning ownership with the people running day-to-day operations. For a growing regional IT firm, it signals a bet on disciplined, technology-led scaling over rapid headcount expansion.

Read more: businessinthenews.co.uk

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