Partnership with Mobeus will drive Intralink growth
Abingdon-based business development company Intralink has welcomed a £19.6 million investment from Mobeus Equity Partners to take Intralink into the next phase of its development.
Intralink helps companies enter new export markets and governments promote trade and attract foreign direct investment.
Mobeus is a team of experienced investors with a 20-year track record in funding UK SMEs with strong growth potential.
The investors were impressed by Intralink's unique model for helping western tech companies secure commercial deals with customers in Asia, as well as its innovation work for large corporates and trade work for national and regional governments. The growth potential of the business was evidenced by Intralink's strong financial performance over the last three years.
Mobeus will provide capital to help Intralink move into new markets in Asia and beyond.
Greg Sutch remains as CEO. Founder and chairman, James Lawson, will step down after more than 33 years at the helm.
Mobeus Partner, Chris Price, said: “Access to the Asian market is fundamental to the strategy of almost every high-growth tech business around the world. Intralink facilitates complex international trade, and all VC and PE-backed scaleups, as well as corporates interested in cross-border innovation, should have them on their radar as the means to bridge the divide.
“With this investment, Intralink will be able to help even more companies to achieve their international goals.”
Greg Sutch added: “This investment is a big milestone for our business. While our clients and employees will see little change in our day-to-day business operations – or in who we are and what we stand for – it will enable us to support clients in more ways and in more markets.
“Mobeus’ enthusiasm for our business was clear from the start, and their investment will accelerate our growth and help us realise our vision of a more prosperous, sustainable society created through cross-border, commercial collaboration.
“We’re excited by the long-term opportunities this will bring for our clients, employees and shareholders. I’m immensely proud that we’ve built a business which Mobeus wants to partner with, and would like to thank all our stakeholders, not least our founder and former chairman James Lawson, for helping us get to this point.”
National law firm Freeth's advised Intralink Group Limited