MXC Capital Limited (AIM:MXCP) acquired Calyx Managed Services Limited from BECAP Fund L.P. (LSE:BCAP) of Better Capital PCC Limited for £7.8 million on February 21, 2015. MXC Capital Limited is planning to satisfy deal value through existing cash resources.

In the year ended December 31, 2014, Calyx reported a normalized EBITDA of £0.4 million. In 2013, Calyx reported gross assets of £10.4 million. No jobs were cut. Nick How, John Depasquale and John Treacy of Zeus Capital Limited acted as nominated advisor and broker for MXC Capital Limited. Justin Griffiths of Powerscourt acted as public relations advisor. Elia Montorio of DLA Piper acted as legal advisor to MXC Capital Limited. Brian Higgins and Kaine Smith of Rickitt Mitchell & Partners acted as financial advisor to Better Capital PCC Limited.

MXC Capital Limited (AIM:MXCP) completed the acquisition of Calyx Managed Services Limited from BECAP Fund L.P. (LSE:BCAP) of Better Capital PCC Limited on February 21, 2015.