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10th December 2018

Maven & YFM exit Indigo Telecom Group

Maven Capital Partners and YFM Equity Partners have exited their investment in Indigo Telecom Group, to Growth Capital Partners, generating a return of 4.2x original cost to their respective funds. 

Maven led the management buyout of Indigo Telecom in 2016 and during the term of its investment supported the business with the strategic acquisition of Belcom247 in September 2017, together forming the enlarged Indigo-Belcom Group. Following the successful acquisition, revenues increased from £12 million to a forecast of over £30 million in the current year, with underlying profits increasing from £1.3 million to over £4 million.

 

South Wales based Indigo Telecom designs, installs and maintains telecom networks across the globe, enabling its clients to deliver fixed line, broadband, mobile and other data services to a wide variety of corporate, enterprise and consumer end users.

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