Jonas Computing (UK) Limited agreed to acquire AMT-SYBEX Group Ltd. from Capita plc (LSE:CPI) for £40 million on December 24, 2021. Jonas will pay £23m on completion, which is scheduled for 1 January 2022. Potential additional consideration of up to £17m is payable to Capita over 24 months, subject to certain conditions. The AMT Sybex senior management team and employees will remain with the business. Capita is being advised on the transaction by Torch Partners. The reported revenue and profit before tax of AMT Sybex for the year to 31 December 2020 were £40m and £12m respectively. Gross assets were £77m at 30 June 2021

Jonas Computing (UK) Limited completed the acquisition of AMT-SYBEX Group Ltd. from Capita plc (LSE:CPI).