Node4 Limited acquired Starcom Technologies Limited from K3 Business Technology Group plc (AIM:KBT) for £14.7 million on February 26, 2021. Under the terms, the total consideration is £14.7 million, includes £0.5m cash on the balance sheet, is paid entirely in cash on completion. Neil Farnworth, Steve Donaghue, Darren Harrison and Stuart Buckley along with management team and staff of Starcom have transferred with the sale of the business together with its 280 customers. Starcom Technologies management team will continue to deliver an exceptional service to clients with the support and expertise of Node4. Under the terms of a transitional services agreement, Starcom will continue to provide K3 and its customers with managed services for at least three years. Starcom reported revenue of £11 in 2020. Node4 was supported on the transaction by its investor Bowmark Capital. Ernst & Young UK, Investment Banking Arm acted as financial advisor, Pinsent Masons acted as legal advisor, Ernst & Young EMEIA Limited and Deloitte Consulting Ltd. Provided due diligence to Node4. Spectrum Corporate Finance LLP acted as legal advisor to Starcom. Julian Blunt, James Thompson and Richard Chambers of FinnCap Ltd acted as financial advisors to K3. Node4 Limited completed the acquisition of Starcom Technologies Limited from K3 Business Technology Group plc (AIM:KBT) on February 26, 2021.