ICON negotiated a cash exit for Forvus to leading IT Services company RM Plc.
Forvus is a data management and statistical analysis company primarily serving the public sector. Major clients include the Department of Education and Skills and the Teacher Training Agency.
The acquisition is a further development of RM’s education services strategy.
“We were delighted with the job ICON did. Identifying strategic buyers and managing a competitive bidding process was invaluable in extracting the best deal for both shareholders and the employees.”
Upi Patel, CEO, Forvus