NorthEdge Capital has engaged The Quinn Partnership, Management Due Diligence specialists, in their backing of the growth investment of Apple and creative IT solutions provider Jigsaw24.

Jigsaw Holdings Ltd, whose wholly owned subsidiary Jigsaw Systems Ltd trades as Jigsaw24, offers IT solutions to businesses across the UK and has particular expertise in Apple, Adobe and creative solutions. The company, founded in 1992, has an impressive 21-year track record of year-on-year growth. The company is headquartered in Nottingham with a service operation based at MediaCityUK in Salford. It employs 143 people and has turnover of £60million. The business plans to open a facility in London later this year.

The deal is the second transaction that The Quinn Partnership has provided advice on for NorthEdge following the investment in FPE Global, the high-growth specialist engineering firm, in February.

Ray Stenton, NorthEdge Partner said: “Jigsaw24 is an established player in the Apple and creative IT solutions market with a well-established growing customer base. The business has enjoyed sustained growth through operating in sectors such as the creative industry and education, and capitalising on the increased acceptance of Apple solutions in the workplace.

“There are significant opportunities for further growth as Apple gains a wider share of the enterprise market and this investment provides the capital for more accelerated expansion. There is also huge potential in the application managed services offering of the business and also in mobile device management as an increasing number of employees use smartphones and tablets as part of their core workflow.

“Jigsaw24 has succeeded by adapting quickly to opportunities in the market and it is exactly the kind of business that NorthEdge looks to support. Our investment will ensure it has the backing to go from strength to strength.”

Jigsaw24 chief executive Martin Balaam said: “Jigsaw24 has grown considerably in recent years as Apple and creative IT has become adopted beyond more than the creative and educational sectors. More and more enterprises are embracing Apple and iOS technology, transforming how their users interact with each other and their customers, creating efficient workflows and a paradigm shift in user and customer experience. The investment from NorthEdge provides us with the platform to accelerate growth and expand our UK footprint.”

Paul Quinn, Director at The Quinn Partnership, comments: “We are delighted to support NorthEdge on their second Investment. This is a successful business which has gained even more momentum under Martin Balaam’s driven and focused leadership.”

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