Lead adviser to management buyout acquirer

The client

Established in 1984, Phoenix Datacom is a data and network security specialist based in Aylesbury which helps organisations to build, validate and optimise their networks and secure
business critical assets. The company has built a strong customer base over the years, working with a range of financial institutions, network operators, media businesses, broadcasters and public sector organisations across the UK. In the year ending 31 March 2020, the business reported revenues of more than £20 million – an increase of 48 per cent over the past three years. 

Our dedicated team, led by Ian Barton, Adrian Howells and Reuben Taylor, were introduced when the company sought a buyout in conjunction with a potential investment to expand its suite of hardware and software products and explore complementary acquisitions.

What we did

We supported Phoenix Datacom’s management team in developing its business plan and were able to secure an investment from private equity firm, LDC. Our expert team successfully structured a beneficial deal for all parties involved with the client praising our extensive experience and pragmatic approach which kept the deal on track given the challenges the lockdowns presented.

The outcome

We are delighted to have supported Phoenix Datacom, LDC and the team throughout the deal, which sees former UK President of BT Global Services and CEO of Alternative Networks, Mark
Quartermaine, join as non-executive chairman. The deal is a testament to the company’s resilience and drive to continue to grow the business at the same time as executing the buyout and we look forward to seeing the business’s successful growth story.