Wed, 20 Dec 2023 | MBO/MBI
Message Direct, a communications services provider for SMEs and large corporates, has undergone a management buyout (MBO) backed by LDC. LDC’s backing will enable Message Direct to continue its buy-and-build growth strategy, as well as supporting its organic growth plans and investments in new transformational technology.
The company was founded in 1994 and provides operationally critical 24/7 support for customer leads and inquiries, serving more than 7,600 customers and operating a number of brands, including Message Direct, Verbatim and Jam.
Over the past two years, the firm has achieved acquisitive growth, along with organic growth, under the leadership of Duncan Strike and his team. The MBO sees experienced board members Gary West and Pete Opperman join the firm as non-executive director and chairman respectively.
Message Direct Chief Executive Duncan Strike commented: "Over the last three years, LDC has taken the time to get to know our business and, with its track record of supporting companies to deliver successful acquisitive growth strategies, we're looking forward to partnering with the team throughout the next stage of our journey.”
"Their experience will also be valuable as we also look to integrate new technology such as artificial intelligence alongside the human voice element in the years to come."
The MBO was led by LDC investment director John Gassner and investment manager Trystan Cullen. John Gassner commented: "Message Direct is a leading provider of outsourced telecommunication solutions with an ambitious management team, operating in a growing and fragmented market.”
"We are excited to support Duncan and his team as the business expands through further acquisitions, enhanced customer growth and investment in technology."
Find out more about the growing importance of MBOs
The company provides turnkey planning solutions for luxury events, such as weddings, corporate events, and private parties. As well as high-end weddings and parties, events include film premiers, TV show closing parties, major corporate events, char...
On the market is this thriving catering business including café plus 5 jiffy vans with outdoor rounds located in Bedfordshire.
Specialist Reinstatement Services Provider offering Backfill Operations to the Power Gas and Water Utilities and Construction sectors in East Anglia London and South-East England. The company is a Tier 1 Contractor for UK Power Networks and Cadent Ga...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.