KKR Enters Exclusive Negotiations with GBL for Webhelp Group

KKR

LONDON & PARIS–(BUSINESS WIRE)–Jul. 10, 2019– KKR, a leading global investment firm, announces today it has entered into exclusive negotiations to sell a majority stake in the Webhelp group to Groupe Bruxelles Lambert (“GBL”). GBL will invest alongside Webhelp’s co-founding shareholders, Olivier Duha and Frédéric Jousset, who would retain their role as founding executive directors, and Webhelp’s management team.

Founded in 2000, Webhelp is today one of the world’s leading providers of customer experience and business process outsourcing (BPO). The company develops innovative solutions combining consulting services, technological solutions and omni-channel processing capabilities with 50,000 employees in more than 35 countries. Since KKR’s acquisition in 2015, Webhelp has doubled in size as the result of an organic and external growth strategy that GBL aims to maintain and accelerate, together with the strong collaboration of the co-founders and management.

As a result of this transaction, GBL would acquire a majority stake in Webhelp on the basis of an enterprise value of €2.4 billion. It is expected that the legal documentation will be signed by the beginning of August for completion, after obtaining regulatory authorizations, within the course of Q4 2019.

Johannes Huth, Member and Head of KKR EMEA, and Stanislas de Joussineau, Director at KKR, said: “Our successful collaboration with Olivier and Frederic has turned Webhelp into a true European champion. The support we have provided to Webhelp builds on our track record in helping founder-led businesses realise their growth ambitions, and helping French companies expand internationally. We believe the company is strongly positioned for future growth and we wish Webhelp and GBL every continued success.”

Olivier Duha and Frédéric Jousset, co-founders of Webhelp, said: “We thank KKR for its investment over the past four years and we welcome with confidence GBL in order to write together a new growth and investment phase. The management team has chosen to surround itself with a shareholder renowned for its longstanding support to companies with international ambitions such as Webhelp.”

About KKR
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE:KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

About Webhelp
Webhelp is a global business process outsourcer (BPO), specialising in customer experience and payment services in addition to sales and marketing services across voice, social and digital channels.

From more than 150 sites in 36 countries with an approximately 50,000-strong team, our focus is on engineering performance improvements and delivering a real and lasting transformation in our clients’ operating models to generate financial advantage. We partner with some of the world’s most progressive brands including Sky, Shop Direct, Bouygues, Direct Energie, KPN, Vodafone, La Redoute, Michael Kors and Valentino.

Headquartered in Paris, France, the company has grown its revenues by more than 250% in the last 4 years by investing in its people, the environment they work in and developing its analytical and operating capability to deliver a transformational outsourcing proposition that addresses the challenges of an omni-channel world. More information can be found at www.webhelp.com

Forward-Looking Statements
This press release may contain forward-looking statements, identified by words such as “expect,” “aim,” “estimate,” “will,” “may” and “believe” or similar expressions. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those included in these forward-looking statements, and investors should not place undue reliance on such statements. These forward-looking statements speak only as of the date of this press release, and KKR does not undertake any obligation to update or revise any of the forward-looking statements to reflect future events or circumstances, except as required by law.

Source: KKR

Media Contacts:
International
Alastair Elwen
Finsbury
Phone: +44 (0) 20 7251 3801
Email: alastair.elwen@finsbury.com

France
Olivier Blain
Adding Value Conseils
ob@addingvalueconseils.com
+33 6 72 28 29 20

Categories: News

Tags:

Fortino Capital Partners invests in Declaree, the innovative Dutch challenger in expense management

Fortino Capital

Fortino Capital Partners expands its portfolio of Travel & Expense management companies with its investment in Declaree, the innovative Dutch challenger.  Besides the acquisition of MobileXpense in Belgium and eBuilder Travel in Sweden, it is the third investment of Fortino Capital in the market of expense management.

Declaree was founded in 2014 by Bas Janssen, Bart Jochems and Jasper Spoor with the ambition of simplifying and facilitating paper-based and cumbersome expense management processes. Since then, Declaree has 20 employees and 750 clients mainly located in the Netherlands and Germany. In the Netherlands and Belgium, Declaree serves large customers such as KLM, Hunter Douglas, Schiphol and KPMG, as well as many small and medium-sized companies. For Germany, it is about companies such as Lemonaid, Suitepad and Lufthansa Group Business Services.

Expense management is a challenge for many organisations. Many companies still use inefficient methods for these processes. Thanks to Declaree’s mobile and web application, they are capable of reducing the time spent on the internal management of expenses by almost 75 per cent, while also getting more grip on the expenses itself by increased transparency.

Fortino Capital Partners started its growth journey in travel & expense management by investing in MobileXpense in Belgium and eBuilder Travel in Sweden. These two players mainly focus on multinational and governmental organisations that need to comply with many different and often complex rules in all countries active in.

Matthias Vandepitte, partner at Fortino Capital, explains: “Declaree offers a genuinely innovative solution which has already served hundreds of companies of all sizes. We are really impressed by what the team of Bas, Bart and Jasper have built over the past years, and we see enormous potential for the future. That is why we are particularly proud of being able to support the internationalisation of Declaree in Europe with our expertise and investment. We look forward working together on our joint growth aspirations.”

Bas Janssen from Declaree concludes: “The past five years, we have heavily invested in developing our product and scaling in the Netherlands and Germany. To realize the next step in our growth we have searched for a strategic investor with knowledge and experience in international expansion. We are convinced to have found the right strategic partner in Fortino Capital.”

Teneo announces partnership with CVC

Investment will further expand and develop Teneo’s position as the world’s leading CEO advisory firm.

Teneo, the global CEO advisory firm, today announced it has reached an agreement with funds advised by CVC Capital Partners (“CVC”), a leading global private equity and investment advisory firm, to make an investment in the company.

The transaction, which is subject to regulatory approval and other customary closing conditions, will result in CVC Fund VII becoming the new private equity partner to Teneo, replacing BC Partners, which became an investor in the company in 2015. The terms of the new investment are not being disclosed.

Since the investment from BC Partners four-and-a-half-years ago, Teneo has more than tripled its global headcount to over 800 people and has also completed nine acquisitions, increasing its global presence to 19 offices in 12 countries.

The investment by CVC Fund VII will provide significant opportunity for the continued growth of Teneo’s operations through organic investment and acquisition focused across its four operating segments: Strategy & Communications; Management Consulting; Risk Advisory; and Capital Advisory.

“We are very pleased to welcome CVC as our new private equity partner,” said Declan Kelly, Chairman and CEO of Teneo. “The new partnership will enable us to further expand our operations around the globe to best serve the growing needs of our clients. I also want to thank the great team at BC Partners for their partnership and support of our business over the last several years.”

“CVC is excited to be entering a new partnership with Teneo,” said Christopher Stadler, Managing Partner at CVC. “We have been very impressed with the firm’s growth since it was founded in 2011 as well as its dedication to going above and beyond to deliver for its clients around the globe. We are very much looking forward to working closely with the management team to help execute their ambitious growth plans moving forward.”

“During our successful partnership, Teneo has nearly doubled EBITDA, both organically and through strategic acquisitions,” said Justin Bateman, Partner at BC Partners. “Since our initial investment in 2015, Teneo has executed nine acquisitions, which have been instrumental in expanding its geographic footprint, broadening its service offerings and continuing to build the company’s brand – positioning it as the leading global CEO and board advisory firm in the world.”

Categories: News

Tags:

Genstar Capital Announces Agreement to Acquire Advarra from Linden Capital Partners

Partnership with Management to Continue Growing Industry-Leading Compliance Business Focused on Increasing Safety and Efficiency in Clinical Trials


SAN FRANCISCO, June 6, 2019—Genstar Capital (“Genstar”), a leading private equity firm focused on investments in targeted segments of the healthcare, software, industrial technology, and financial services industries, announced today that it has recently signed a definitive agreement to acquire Advarra (“Advarra” or the “Company”), a leading provider of compliance solutions that are critical to the drug development process, from Linden Capital Partners (“Linden”), which intends to reinvest in the Company via a minority investment upon completion of the transaction.

Advarra is a leading provider of institutional review board (IRB), institutional biosafety committee (IBC) and research quality and compliance services, which are mandated by regulatory agencies for all trial protocols, patient forms, site initiations and trial modifications. The Company serves leading pharmaceutical, biotechnology, medical device and contract research organizations (CROs), as well as academic medical centers, hospital systems, investigative site networks, and therapeutic research consortia, and has relationships with over 3,200 institutional sites. Advarra is headquartered in Columbia, MD and was formed through the merger of Chesapeake IRB and Schulman IRB in 2017; in March 2019, the Company completed its acquisition of Quorum Review.

David Golde, Managing Director of Genstar, said, “Genstar has a long track record of building industry-leading businesses in the pharmaceutical services sector through our investments in CRF Bracket, ERT, and PRA Health Sciences, among others. We were extremely impressed with the market leading platform that Pat Donnelly and his team have built in the regulatory compliance segment of clinical trials. We are excited for Advarra to continue leveraging its leading reputation in the IRB and regulatory compliance industry, while expanding, both organically and through strategic acquisitions, into other ancillary services to better serve its customers.  Genstar looks forward to collaborating with Advarra’s management team to further its mission with all of the constituencies that depend upon safe and efficient progress of pharmaceutical research.”

Pat Donnelly, Chief Executive Officer of Advarra, said, “IRBs are required and critical to the drug development process and the increasing complexity of clinical trials and need to adhere to evolving and strict FDA guidelines will continue to drive the importance of our services. Advarra is devoted to enhancing the safety of clinical trial subjects around the world and to improving the efficiency of clinical trial execution for all stakeholders including sponsors, academic institutions, hospital systems, and CROs. This new partnership with Genstar augments our resources to further the important mission of our Company and to continue to unlock value for our customers. On behalf of the management team, we are grateful for Linden’s strong stewardship over the last several years.”

Tony Davis, President and Managing Partner at Linden, said, “We are proud to have played a role scaling Advarra into a truly differentiated platform as the industry-leading IRB, which is a result of our targeted value creation initiatives over the last three and a half years, most notably significantly investing in infrastructure and strategic acquisitions. The Company is very well positioned to continue on its growth trajectory, building on a long history of outperformance, superior human subject protection and leading therapeutic area specialization. We are excited about our intention to invest alongside Genstar and continue to support Advarra through its next phase of growth.”

Jefferies is serving as lead financial advisor and Houlihan Lokey is serving as co-financial advisor to Linden and Advarra. Kirkland & Ellis LLP is serving as legal counsel to Linden and Advarra in connection with this transaction. Ropes & Gray LLP is serving as legal counsel to Genstar.

About Advarra

Advarra, headquartered in Columbia, MD, provides institutional review board (IRB), institutional biosafety committee (IBC), and global research compliance services to clinical trial sponsors, CROs, hospital systems, academic medical centers, and investigators. Its robust regulatory expertise and innovative technology ensure the highest standards of research review are met, while putting participants first and meeting complex human research protection oversight requirements. Advarra supports all phases of research across multiple therapeutic areas. Visit www.advarra.com.

About Genstar Capital

Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $17 billion of assets under management and targets investments focused on targeted segments of the healthcare, software, industrial technology, and financial services industries.

About Linden Capital Partners

Linden Capital Partners is a Chicago-based private equity firm focused exclusively on investing in the healthcare industry. Linden’s strategy is based upon three elements: i) healthcare specialization, ii) integrated private equity and operating expertise, and iii) strategic relationships with large corporations. Linden invests in middle market platforms across the medical products, specialty distribution, pharmaceutical, and services segments of healthcare. For more information, please visit www.lindenllc.com.

###

MEDIA INQUIRIES:

Contact: Chris Tofalli
Chris Tofalli Public Relations
914-834-4334

Categories: News

Tags:

DWS Fund to acquire Hansea, a leading Belgian public transport infrastructure operator, from Cube Infrastructure Fund and Gimv

GIMV

Cube Infrastructure Fund (Cube) and Gimv today announce the sale of Hansea to a fund managed by DWS (“DWS”), a global infrastructure manager. With the support of its investors, the company has focused on organic growth and an active buy & grow strategy since 2014.

In 2014, Cube and Gimv acquired Hansea (Antwerp, www.hansea.be). With a fleet of 811 buses and around 1,200 employees, Hansea is the largest private bus company in Flanders. The company is responsible for daily urban and regional connections on behalf of the public transport companies, De Lijn and TEC. Hansea is also active in school and personnel transport and bus charter services.

Thanks to the entry of Cube and Gimv, Hansea obtained the capital and the independence to successfully realize strong growth of its activity and to complete four acquisitions.

Today, Cube and Gimv announce that they will sell their stake in Hansea to DWS. Together with Hansea’s management team and employees, the new investor intends to continue to build on this growth trajectory, as a stable partner that provides an excellent service to its customers.

Luc Jullet, CEO of Hansea: We are convinced to be able to continue our growth strategy started with Cube and Gimv with the support of our new shareholder in order to become the indispensable mobility provider in Belgium.”

Hamish Mackenzie, Global Head of Infrastructure at DWS said: “We are delighted to invest in one of the best companies operating in the public transportation sector in Europe. We have identified local and regional public transportation as an attractive sector for our funds given the strong macro fundamentals, supportive regulation and rising investment needs driven by the European green agenda. Hansea stood out as one of the most efficient companies operating in this sector, led by a solid and experienced management team and with significant potential to grow further as an independent operator with a strong connection to the local communities and public transport authorities of the Flanders and Wallonia regions. Cube and Gimv have done an excellent job in growing the company in the past years and we believe that with our track record as infrastructure investors in the Benelux region, along with our strong international brand we will be able to support and accelerate the ambitions of the management team going forward.”

Jérôme Jeauffroy, Managing Partner of Cube Infrastructure Managers, Cube adds: “We are delighted to see DWS as the new shareholder, who share the same vision for Hansea as an infrastructure platform to further expand and recognize the full growth potential of the Company. We believe that Hansea will continue to flourish in the coming years thanks to the support of DWS and the leadership of its CEO and management team.”

Ruben Monballieu, Principal in Gimv’s Sustainable Cities platform adds: “As a Sustainable Cities team we are proud that we have been able to support Hansea’s management in a successful growth trajectory over the past 5 years, and as such could contribute to a more environmentally friendly mobility in Belgium.

With the exit of Hansea, the last participation of the Gimv-XL fund has been sold. Launched in 2009, this fund could generate strong returns through a series of successful investments in large Flemish companies. No further financial details are provided on the transaction. This transaction has no material impact on the NAV of Gimv.

The transaction is subject to the customary closing conditions, including approval by the competition authorities.

DC Advisory acted as exclusive financial adviser to Cube and Gimv during the transaction. Linklaters acted as legal adviser to the sellers. Macquarie and Stibbe acted as advisers to the buyers.

Categories: News

Tags:

Fero Group joins AVS Verkehrssicherung

Triton

Kürten (Germany) / Willebroek (Belgium), 3 June 2019 – AVS Verkehrssicherung (“AVS”), a Triton Fund IV company, has signed an agreement to acquire a majority share in Fero Group (“Fero”), a leading player in Belgium in temporary traffic management services, from the founding Haerens family.  Fero Group consists of Fero Signalisatie and its affiliates Admibo, Signaroute, Signco and Safetybloc. The transaction is subject to approval of the antitrust authorities. Terms and conditions were not disclosed.

Fero was founded in 2001. The family-owned group provides services in the areas of temporary traffic management, road marking, traffic signs, traffic management systems and maintenance of public planters & baskets. Its customer base primarily comprises construction, utility and telecom companies as well as the Belgian government. Fero has more than 300 employees across seven locations in Flanders and one in Wallonia.

Triton has a strong expertise in the road safety services and further invested in companies in this area across Europe, such as Ramudden in the Nordics and Chevron TM in the UK, and now, with Fero, in Belgium.

“This transaction was strongly backed by Triton and underlines our commitment to invest into the future growth and profitable development of Fero. It is another important step to grow our international footprint in work zone safety services,” says Nadia Meier-Kirner, Investment Advisory Professional at Triton.

Luc Hendriks, Senior Industry Expert at Triton adds: “We are looking forward to support the management team and employees as a responsible owner with our comprehensive sector expertise and experience.”

“This transaction marks another significant step in our international expansion. Fero has built a strong reputation among its customers for its quick and highly professional services. This makes it a great partner and an ideal fit for our European strategy,” says Dirk Schönauer, COO International of AVS.

“We are looking forward to the partnership with AVS. Our companies share the same mindset and together we can offer even better services, tailored to the demand of our customers in Belgium,” add Freek & Friso Haerens, Co-CEOs of the Fero Group.

The existing shareholders of Fero will remain shareholders in the group and directors of Fero.

About AVS Verkehrssicherung

AVS Verkehrssicherung is a leading specialist provider of traffic safety services and work-zone management in Germany. The Company, headquartered in Kuerten, offers all essential services throughout highway traffic-safety projects. These services range from initial planning and obtaining permits to complete construction site setup and security. AVS has a nationwide presence with 17 locations across Germany as well as branches in Latvia and Denmark and employs around 650 people.

For further information: http://www.avs-verkehrssicherung.de

About Fero
Fero Group was established in 2001 and grew into a household name in the temporary traffic management world. The family business is a full-service provider for its customers, from tendering, planning, placing, maintenance to completion and settlement. Fero provides services to various customers in the government and construction outsourcing sector.

As a leading player in temporary traffic management, Fero has built up a strong reputation for always helping customers quickly and professionally.

For further information: https://www.feronv.be/; https://www.signco.be/; http://www.admibo.be/; http://www.signaroute.be/nl

About Triton

Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors.

The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 38 companies currently in Triton’s portfolio have combined sales of around €14.9 billion and around 72,000 employees.

For further information: www.triton-partners.com

Press Contacts

Triton
Anja Schlenstedt
AVS Verkehrssicherung
Dirk Schönauer

Categories: News

Tags:

Ardian supports the growth of leading french recruitment platform Uptoo

No Comments

Ardian

Paris, 31 May 2019- Ardian, a world-leading private investment house, announced today that it has taken a minority stake in Uptoo, the leading sales representative recruitment platform in France. Ardian’s investment will help support and accelerate Uptoo’s growth, particularly through external growth opportunities.

In 10 years, Uptoo has established itself as a leading player in the recruitment of sales representatives and sales managers in France. Since 2015, the growth of the company has strongly accelerated and its turnover has tripled.

The diversified service offering of Uptoo, powered by an integrated and collaborative digital platform, provides evaluation, recruitment and training for the best talent in the B2B sector.

Uptoo has more than 3,500 clients across sectors, including companies listed on the CAC 40, SMEs and start-ups. The company also owns “Uptoo Jobs”, the premier French job search website for sales representatives, where more than 300,000 CVs have been uploaded.

It currently has more than 100 employees across four sites in France: in Paris, Lyon, Bordeaux and Nantes. The company has experienced strong growth since its creation, and in 2018 alone, 65,000 new sales representatives registered on the “Uptoo Jobs” platform.

Didier Perraudin, founder and CEO of Uptoo, said: “Our goal is to become the preferred recruitment partner in the French sales representative market. Our mission is to take the hassle out of recruitment by simplifying, securing and accelerating the process for businesses, recruiters and candidates through digital solutions. Recruitment is a traditional business sector and it is yet to reap the full benefits of digital transformation. By working in the fascinating sales representative sector, our aim is to be a ‘scale-up’ in this market.”

Frédéric Quéru, Director of the Ardian Growth team, added: “Beyond the high quality and ambition of Uptoo’s management team, we were struck by the company’s innovative nature, its unique business expertise and digital approach to B2B sales recruitment. We’ve also been impressed by the strong growth experienced by the company over the last couple of years and by the management’s ambition pursuing this path. We are excited to support Uptoo’s development by bringing our own digital expertise and identifying external growth opportunities.”

ABOUT UPTOO

Uptoo is the top recruiting platform for sales representatives and sales managers across the entire territory, and in all sectors. Uptoo works with a dynamic combination of consultants and digital tools to help companies secure and accelerate their recruiting processes.
Good sales representatives are rare, and a sales disposition cannot be seen on a CV. Uptoo has implemented modern evaluation tools that reveal sales talent. The UptooJobs platform helps analyse the sales disposition of a candidate in real time, to be combined with the data from his/her CV, through a series of online tests and innovative tools.
On a tight market with fierce competition for talent, Uptoo has rolled out a significant set of resources to make the difference on the traditional recruiting market where firms lack candidates, resources, expertise, and digital tools on the sales representative segment.

Key figures:
More than 2,500 recruiting assignments/year
More than 100 employees in Paris, Lyon, Nantes, and Bordeaux
More than 350,000 candidate members of Uptoo Jobs
More than 3,500 clients

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$90bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.

Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.

Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with 600 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of around 880 clients through five pillars of investment expertise: Funds of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.

Ardian on Twitter @Ardian

LIST OF PARTICIPANTS

Uptoo Legal Advisor: Armand Avocats (Georges Civalleri, Anne Rossi)

Ardian: Frédéric Quéru, Florian Dupont
Ardian Legal Advisor: Hogan Lovells (Stéphane Huten, Ali Chegra, Agathe Faict)
Ardian Tax Advisor: Mamou & Boccara (Laurent Mamou)
Ardian Legal, Social, and Tax Auditor: Hogan Lovells (Stéphane Huten, Ali Chegra, Agathe Faict)
Financial Auditor: Crowe HAF (Olivier Grivillers, Thomas Corbineau, Julien Latrubesse)

CONTACTS PRESSE

ARDIAN
Image 7
SIMON ZAKS
Tel : 01 53 70 74 63
szaks@image7.fr
ANNE-CHARLOTTE CREAC’H
Tel : 01 53 70 94 21
accreach@image7.fr
Uptoo
Alexia Reclus
Tel : 06 50 88 62 36
areclus@uptoo.fr

Categories: News

Tags:

Indeed acquires staffing app Syft

Profounders

Job site Indeed has agreed to acquire hospitality recruitment platform Syft.

The staffing platform was founded in 2015 by Jack Beaman and Novo Abakare, who had raised funding from investors including Creandum, PROfounders Capital, and David Haye. Both will continue with the business.

Syft provides a recruitment solution and shift management tool for part-time and flexible work, connecting vetted jobseekers with shifts through its app.

Indeed chief executive Chris Hyams said: “At Indeed our mission is to help people get jobs. Syft’s simple and transparent approach to shift-work hiring is an innovative solution to the growing demand for part-time and flexible work. We look forward to supporting the Syft team as they continue to improve the hiring experience.”

Beaman added: “Syft’s vision to build the future of work aligns with Indeed’s core mission. At Syft, we set out to create a win-win platform to better serve jobseekers and employers, underpinned by values of fairness and transparency. Demand for flexible work continues to surge as both jobseekers and employers look for greater control and choice. We are excited to grow with Indeed.”

ECI announces investment in Send For Help

ECI

Send For help is the largest lone worker protection service in the UK, Europe and globally. It has three brands; Skyguard, Guardian24 and People Safe

 

Send For Help Group, encompassing Skyguard, Guardian 24 and Peoplesafe

ECI is delighted to announce our investment in Send For Help, the world’s leading provider of lone worker protection. The partnership will support the company’s growth strategy and internationalisation.

Founded in 2010, Send For Help operates under its three subsidiary brands, SkyguardPeoplesafe and Guardian 24. The company protects more than 150,000 lone workers in the UK and Ireland with it’s innovative personal safety devices and mobile phone apps, all linked to a dedicated Alarm Receiving Centre (ARC), staffed 24 hours a day. Users can request help at the touch of a button through their device or app’s ‘SOS’ function. Highly trained ARC staff will offer them assistance and escalate to the appropriate emergency service, providing a faster response than 999. Customers include NHS trusts, local authorities, utilities and major corporations.

The company has achieved rapid growth and success, becoming one of only a handful of businesses to be named in The Sunday Times Fast Track 100 list on three consecutive occasions and gaining recognition from the Financial Times as one of Europe’s fastest growing businesses.

Send For Help ranked in the Financial Times 1000 Fastest Growing Companies in Europe

With an estimated 8 million lone workers in the UK, 23 million in the US and 30 million Europe, the lone worker protection market in Europe and America is forecast to double from £105 million per annum to £226 million by 2021 according to research by analysts Berg Insight.

Send For Help has recently appointed Richard Houghton, former co-founder of Xchanging, as Chairman.

Tom Wrenn, Partner at ECI Partners, said: “Send for Help is just the type of business that ECI wants to work with- offering an excellent service to clients, enjoying a leading position in a growing market, and boasting a highly effective management team. We look forward to working with James and his team to help them realise the next stage of their growth plan.”

James Murray, CEO of Send for Help, said: “ECI have a strong track record of partnering with technology-enabled support service providers and we’re delighted to be working with Tom and the broader ECI team. We have ambitious growth plans to build on our number one market position by reaching ever more customers in the UK and abroad, and helping them to keep their employees safe.”

Categories: News

Tags:

Axon Partners Group exited Nice People at Work

Axon

May 2019. Axon Partners Group has successfully exited Nice People at Work(www.nicepeopleatwork.com), multiplying the investment more than eleven times with an annualized return of over 60%. Nice People at Work is a company, founded in Barcelona, which provides real-time data analytics technology solutions for video. Axon was the only institutional investor in the company with an investment of less than one million euros.

Axon invested in Nice People at Work in 2014 as part of an investment strategy designed for the video sector (a strategy that also involved other successful investments such as Wuaki.tv or Akamon).

Since Axon invested, the company grew exponentially, from insignificant sales in 2014 to revenues of more than ten million euros and an EBITDA of more than two million at the start of 2019. Nice employs 150 people and has a commercial presence worldwide, especially in the US, where Nice opened its office in 2016 and has become a strategic provider of large clients such as, telecommunications operators and Hollywood studios. All this happened in less than five years.

Axon’s team contributed in all areas, from organizational changes and improvements, to legal support for the defense of technology in the American market. Axon was also involved in the corporate strategy of the sale of the company.

We are delighted to have participated in Nice People at Work because it is an example of how with few resources you can build a world-class technological company capable not only of competing, but also of leading, the most difficult markets in the world. We are also grateful to Ferran Gutierrez, Sergi Verges and Otto Wust, an exceptional team of people capable of doing a lot with little, with humility and intelligence ” says Francisco Velázquez, President of Axon and until recently advisor of Nice.

After 6 years, I can say little about Axon as a company that invested in NPAW, but I would have a lot to explain as the partners and mentors that have been for the founder team. Thanks for the support and confidence you have given us these last 6 years.”, says Ferran Gutiérrez, CEO and co-founder of Nice People.

For further information please contact with the Marketing Departmert:
marketing@axonpartnersgroup.com
T. +34 913102894

Categories: News

Tags: