James Cowper Kreston’s Corporate Finance Team Advises Chiltern Capital LLP on their investment in SiXworks Limited

James Cowper Kreston’s Corporate Finance team provided Chiltern Capital LLP (“Chiltern”) with financial and tax due diligence on its acquisition of Farnborough based SiXworks Limited (“SiXworks”).  SiXworks is a designer and implementer of specialist IT products for the highly secure critical risk environments within the public sector. 

Chiltern has invested in SiXworks and will play an active role in supporting the experienced management team of Steve Rawsthorn (CEO), John Eriksen (Chief Security Officer) and Andy Hodgkinson (Chief Solutions Architect) to drive further growth of the business. Experienced private equity chair, Alan Gaby (previously Chair of Chiltern portfolio company, VIMA Group, which was successfully exited to KBR Group in June 2022) will join the Board of SiXworks as Chair.

Steve Rawsthorn, CEO of SiXworks, commented: “We have got to know the Chiltern team over a number of months and it is clear that Chiltern is a strong fit for us both in terms of sector experience and approach. The new investment will enable SiXworks to execute the next stages of its ambitious plan. We look forward to continuing to deliver critical solutions for our clients and partners with support and advice from Chiltern and Alan.”

Ben Robinson, Investment Manager at Chiltern Capital, added: “We are delighted to partner with Steve, Johnny, and Andy, who have developed SiXworks into a highly respected solution provider. We look forward to supporting them with their exciting plans to expand the business further by continuing to solve some of the public sector’s most complex IT challenges.”

Brad McAvoy who led the team at James Cowper Kreston Corporate Finance, commented “It was a pleasure to work with Chiltern Capital again and we were very impressed with the team at SiXworks and what they have achieved.  We look forward to following their continuing success.”