June 2022

Chiltern announces the agreed sale of VIMA Group

Chiltern is pleased to announce the agreed acquisition of VIMA Group by US technology and engineering corporation KBR for up to £75 million.

VIMA Group, previously known as IMD Group, is a fast-growing provider of specialist digital transformation solutions, that operates across the public sector, with a focus on defence and critical infrastructure. It offers services in data analytics, cyber assurance, business analysis and transformation, and project, programme and portfolio management.

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Chiltern backed VIMA in August 2019 and worked with the management team to implement an ambitious growth plan to develop the business.

With Chiltern’s support, VIMA invested heavily in developing its digital transformation service offering and capabilities, and in growing and developing its diverse team. In June 2021, it further enhanced its cyber security and data analytics capabilities with the strategic acquisition of EITEC.

Dean Taylor, CEO, VIMA said:

“We were pleased to find in Chiltern a partner who shared our commercial ambitions and who were able to invest in growth at each level of the Company. VIMA is well-placed for the next stage of its development.”

Alex Sheffield, Managing Partner, Chiltern added:

“We recognised in VIMA a business with great potential, and we are delighted to have supported the transformational growth of the Group over the past three years. VIMA’s success is a testament to the passion that the management team have for the business, and its strong culture, and it has been a pleasure to work with them.”