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Kelway (UK), an IT systems and hardware reseller, has secured £5 million capital funding from Core Capital. Kelway is now looking to grow through acquisitions.

The deal coincided with Kelway’s relocation to 10,000 sq ft of new office space at The Royals Business Park, Royal Albert Dock. This sees Kelway ideally positioned to maintain its position as one of the UK’s fastest growing IT resellers.

Walid Fakhry, a partner at Core, told reporters: “Kelway represents an attractive opportunity for the Core funds to invest in an established, yet fast growing business.”

Kelway received legal advice from John Roberts of Whiskers Solicitors, who has represented the company since its establishment in 1990. CIL and Baker Tilly performed commercial and financial due diligence respectively. SJ Berwin was legal counsel to Core.

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