Entatech deal collapsed on day it was set to complete - administrator's report

Tom Wright
clock • 2 min read

Three bids were made for Entatech with the accepted bid falling at the last hurdle

An adminstrator's report has revealed just how close Entatech was to being acquired before it went bust, with a prospective sale falling through on the day it was slated for completion. Entatech...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like

Credit and Finance

One director of failed distie agreed to discharge his debts of over £400,000

clock 22 November 2019 • 2 min read

Credit and Finance

Latest administrator's report indicates that it is 'possible' that the distie's secured and preferential creditors could get some money back

clock 04 June 2019 • 2 min read

Distributor

A third party has bought the subsidiary, according to Dutch administrator's report

clock 15 February 2019 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Distributor

Distribution heavy hitters reveal their M&A wishlist

Distribution heavy hitters reveal their M&A wishlist

CRN hears from four of the major channel distributors to find out what they’re on the hunt for in an M&A deal

Kelsey Rees
clock 22 April 2024 • 4 min read
Pax8 cuts about five per cent of workforce: 'Parting with valued teammates is never easy'

Pax8 cuts about five per cent of workforce: 'Parting with valued teammates is never easy'

The cuts primarily impact the North American side of the business while Pax8 EMEA confirms it isn't affected by the news

CJ Fairfield, O’Ryan Johnson
clock 19 April 2024 • 6 min read
Westcoast acquires Spire Technology to bolster UK distribution presence

Westcoast acquires Spire Technology to bolster UK distribution presence

Westcoast snaps up components distie to expand vendor portfolio, customer base

Andrea Gaini
clock 17 April 2024 • 2 min read