Announced
Financials
Tags
mobile communications
Acquisition
United Kingdom
Mobile
Private Equity
Private
Synopsis
Private equity firm HG Capital invested £8.9m in Esendex, a leading provider of mission-critical business messaging services across Europe. Esendex was acquired by Darwin Private Equity in July 2013. Geoff Love, CEO of Esendex, commented: “This is an exciting time for mobile business messaging and the combination of these four strong businesses creates a European heavyweight in application-to-person communications. With around 200 staff and 25,000 customers, sending some 2bn messages a year, we are extremely well-positioned to take this fast-growing industry forward. With HgCapital’s backing for further acquisitions, as well as continuing strong organic growth, we look forward to helping even more businesses transform their communications with their customers and staff.”
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.