Deals round-up: Anix attracts ECI backing

ECI Ventures’ Manchester office has provided the equity as part of a GBP16 million funding package in support of the buy-in/buyout (BIMBO) at Anix Group.

Anix, based near Bristol, was founded in 1989. It is a reseller of IBM mid-range servers, systems software, tools for effectively managing and securing the IT infrastructure, and data management solutions. It also provides services in the design, implementation and support of IT infrastructure and in data management applications.

As well as its business relationship with IBM, the company is also a certified partner of Oracle. Its corporate customers include Lloyds Bank, Zurich Insurance, Nissan, St Ivel, Cheltenham and Gloucester, Hasbro and Kraft Jacobs Suchard.

The BIMBO is led by Jim Rathbone, who becomes chief executive of Anix. Rathbone was previously managing director of Sensormatic’s European and Middle Eastern commercial/industrial operations. Anix’s existing management team, including Indy Ahluwalia, who founded the business, are all participating in the BIMBO. Steve Tudge, a director at ECI, is joining the board as a non-executive director.

ECI has pledged additional resources to grow Anix. It intends to develop its service operations and its capabilities in e-business, strengthen its application solution offerings – especially in data management – and develop new partnerships and alliances.