Leeds-based IT services company, Dynamic Networks, has successfully completed a management buyout (MBO) with the support of Kingland Capital. The MBO, led by CEO David Smith and COO Gareth Leece, aims to simplify the board structure and accelerate the company’s growth strategy. Dynamic Networks offers cloud-led managed IT support, digital transformation services, cyber security, and connectivity to SMEs. With a revenue CAGR of over 40% between 2021-2023, the company plans to use the additional investment from Kingland Capital to hire industry professionals and acquire complementary cloud managed service providers. Eddie Buxton, former CEO of Maintel plc, will join as chairman. Paul Landsman of Kingland Capital expressed excitement about backing Dynamic Networks, calling it one of the best quality cloud managed services businesses in the UK.