Entatech Settles with Liquidators

Agreement Deal Acquisition

Entatech UK has today announced the settlement of their legal battle with the liquidators of Changtel.

Dave Stevinson, Entatech Managing Director, released the following statement: “I can confirm that today the liquidators of Changtel Solutions UK Limited have formally agreed a full and final settlement of all and any actions, claims, counterclaims, rights, demands and set offs that it had against Entatech UK Ltd.”

He continued, “Over the past few months we have endured a lengthy, challenging and complex deal involving multiple firms of lawyers, yet we truly believe the settlements eradicates all uncertainty and has the vital components of affordability and flexibility, enabling Entatech to go forwards with purpose and confidence. It has been a privilege to collaborate and interact with the high calibre of individuals engaged on this deal.”

Stevinson concluded, “Personally I am very relieved, having dedicated a year of my life to this project. It has been a fantastic learning experience, almost like completing a second MBA. As you can imagine, I am highly motivated to start working back in the business and executing our future vision for Entatech.”

Today Entatech also confirms a change of ownership. The company is now solely owned by Stevinson Capital Limited.