YFM Equity Partners (YFM) has invested in Lancaster-based network technology specialist The Networking People (TNP), backing a management buyout to support the company’s ambitious expansion plans.
TNP, which provides network infrastructure, connectivity, and cyber security services, has built a track record delivering critical ICT solutions to the public sector, including local authorities, healthcare providers, emergency services, and educational institutions.
The deal sees YFM partner with TNP’s leadership team, Managing Director Scott Daniels and Technical Director Robin Williams, to help the business scale, broaden its service offering and continue delivering secure, high-performance network infrastructure across the UK.
As part of the investment, former Nasstar CEO Nigel Redwood joins the company as Chair.
Scott Daniels, Managing Director at TNP, said: “This investment marks an exciting new chapter for TNP. With YFM’s backing, we can build on our strong foundation, expand our reach, and continue to provide the best possible network and security solutions to our clients. Our focus remains on delivering high-quality, high-reliability services that meet the evolving needs of public sector organisations across the UK.”
Dan Freed, Partner at YFM Equity Partners, added: “TNP has established itself as a trusted provider of network solutions in a market where security, reliability, and expertise are critical. We are excited to partner with Scott, Robin and the team to help them realise their ambitious growth plans. With a strong reputation, a highly skilled team, and increasing demand for secure and resilient network infrastructure, TNP is well positioned for future success.”
YFM has a strong track record of backing high-growth regional businesses and maintains a strong presence across the North West. The transaction was supported by a full line-up of regional advisers, including Knight Corporate Finance, Hill Dickinson, Cowgills, Claritas, Megabuyte, and Cyber DueDil.
The sellers were advised by MHA and Forbes.
