3. IP Integration
PE acquirer: Ethos Partners
Date: May 2023
Deal size: Ethos Partners provides between £3m and £10m in equity capital to “growing SMBs”.
IP Integration turned over £27.7m in its fiscal 2022.
Rationale
This Reading-based contact centre solutions provider has been on a journey of migrating its customers to the cloud and developing its own IP since current CEO Sat Sanghera took the helm in 2020.
Ethos said its investment in May will support the Avaya and Genesys partner’s “next phase of growth and innovation”, as well as facilitating the partial cash out of its shareholders.
What they said
“Ethos Partners’ investment in IPI signifies a defining moment in our journey towards growth and purpose-led innovation, allowing us to cultivate an environment that empowers our people to thrive and enables our clients to deliver exceptional customer contact,” Sat Sanghera, CEO at IPI
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