Henley-on-Thames: HMT advises on investment in Indigo Telecom Group
HMT, based in Henley-on-Thames and led by partner Paul Read and directors Peter Wear and Holly Bedford-Bell, has undertaken financial due diligence for Maven Capital Partners and YFM Equity Partners on their £12 million investment in Indigo Telecom Group to support the management buy-out.
Peter Welch, chief financial officer at Indigo, commented: “The level of intelligence applied and the quick understanding shown by the HMT team was very helpful during a very busy time for everyone involved.”
Read said: “With private equity support and the growth strategy put in place by the management team, Indigo has a bright future.”
Indigo, which is based in South Wales, designs, installs and maintains telecom networks across the UK and Europe, enabling customers such as Vodafone, Sky and BT to deliver fixed-line, broadband, mobile and other data services to a wide variety of corporate, enterprise and consumer end users.
It has 85 full-time employees, and operates a well-developed partner eco-system of up to 500 engineers which enables the business to provide comprehensive geographical coverage for customers, with minimal ‘time to site’ service levels. It operates across 20 countries and supports over 10,000 client sites with operations managed through a dedicated 24-7 network operations centre.
Andrew Ferguson, partner at Maven, commented: “We have worked with the HMT Transaction-services team on a number of deals and they have always provided an excellent service.”
