We’re incredibly excited to welcome our NEW partner on board, RDCP Group.
London-based investment firm RDCP Group has acquired one of the UK’s largest tech BPOs, Intelling, from NVM Private Equity (our previous investor).
With a proud current title as being one of the UK’s largest tech BPO’s, we’re delighted to say we have been acquired by London-based investment firm RDCP Group. Taking over from our previous investor (NVM Private Equity), RDCP has acquired a 67.4% percent stake in Intelling.
We were first backed by NVM in 2017 when we were delivering business process outsourcing (BPO) and communications services to a range of clients, including a major contract with O2.
Continuing Our Success
As a result of both investment and additional Board support, we’ve successfully transformed into a £40 million turnover, tech-enabled business, employing more than 1000 staff at multiple sites (both in the UK and overseas). Intelling now proudly counts blue-chip companies such as Vodafone, TalkTalk, Serco and Experian as key clients alongside its established relationship with O2.
What Does This Mean For Us?
Our existing management team, led by Phil Morgan, Craig Winnard, Steve Taylor, Glenn Seddington and Kerry Anderson, will retain a large stake in the business and work closely with RDCP founders, Sameer Rizvi and Iryna Dubylovska, on Intelling’s future growth strategy.
Founder and CEO Phil Morgan, will retain a 20.4% stake in the business.
A Little Bit More About RDCP
This latest deal is RDCP’s seventh acquisition in the last 18 months, following its purchase of Chilango, Ancient House Printing Group and multiple acquisitions for RDCP Infrastructure.
RDCP now controls $350 million of investments across multiple sectors in the UK.
NVM’s exit from Intelling is providing its investors with a 4.0x return on investment and is NVM’s fourth exit in less than 12 months following the IPO of musicMagpie (providing a return of 12.1x); IAG, delivering an attractive industry return; and Agilitas, which delivered a return of 8.4x.
We’re incredibly excited to see where our new partnership will take us!
Stay tuned for more company updates.