mhance, a distinguished Microsoft Solution Partner, recently announced its acquisition by SilverTree Equity, a London-based private equity firm. SilverTree focuses on software and tech-enabled businesses and aims to bolster mhance’s position as a market leader through strategic investment.
Julian Stone has been appointed as Executive Chairman, bringing over 25 years of expertise to the table. Stone, who founded renowned Microsoft Dynamics Partner Pythagoras, will be instrumental in mhance’s new chapter under SilverTree's stewardship.
SilverTree Equity's investment is expected to significantly enhance mhance's growth trajectory and innovation capabilities. Commenting on this development, Alan Moody, CEO of mhance, mentioned the pride in what the team has achieved and the exciting future this investment heralds.
The partnership will drive mhance's expansion across Microsoft Dynamics, Azure, Power Platform, and Data & AI domains. With a team of over 120 specialists, mhance is poised to offer comprehensive solutions to sectors such as not-for-profit, memberships, construction, and more. It remains a prominent Great Plains support partner, assisting organisations in transitioning to Business Central.
Renowned for serving over 500 customers, including the likes of WWF and Médecins Sans Frontières, mhance has honed its expertise over 15 years. Their accolade as the 2023 Microsoft Nonprofit Partner of the Year is a testament to their commitment and excellence in the charity sector.
SilverTree’s Managing Partner, Nicholas Theuerkauf, expressed excitement about supporting mhance, noting significant potential for growth, both organically and through mergers and acquisitions. The aim is to expand into adjacent verticals while enhancing Azure and Dynamics offerings.
Julian Stone highlighted the pivotal role of AI and Azure in shaping future enterprise technology. The integration of AI across Microsoft's platforms positions mhance uniquely to unlock potential and drive digital transformation for businesses. As firms modernise, mhance remains a strategic partner in leveraging Microsoft’s cutting-edge cloud and AI solutions.