Aliter completes investment in Boston Networks
Summary
Aliter Capital 1, a the specialist investor focused on small to mid-size UK support services businesses, has completed an investment in Boston Networks, through the formation of a topco. Aliter will use its deep industrial expertise and broad networks to drive both the organic and acquisitive growth of the business so that it can gain scale and a national footprint. Greig Brown, partner of Aliter, says: “Boston Networks is a fantastic example of the type of business and management team that we are looking to back and where we can use our sector expertise to support transformational growth. Aliter Capital 1 was founded in 2016 by a group of seasoned support services entrepreneurs and investors Billy Allan, Greig Brown, Andy Galloway and Andrew Busby. Its approach differs from traditional private equity models by making only a limited number of selective portfolio investments to deliver dedicated hands-on support.