Calyx Managed Services: MXC sells off bits of Calyx Managed Services

When technology merchant bank (and TechMarketView Little British Battlers Sponsor) MXC Capital took Calyx Managed Services (CMS) off Jon Mouton's hands last month for £9m (see MXC buys Calyx Managed Services from Better Capital), we mooted that this was not likely to be the end of the affair.And so it has come to pass, with the subsequent disposal of two of Calyx's divisions, Break Fix (to Chess Limited) and Carrier Services (to Daisy Group), for a total cash consideration of £5.55m. This leave CMS a more focused managed IT services business with a turnover of £9.1m and gross profit of £5.1m.One could posit that even this might not be the end of the affair.