Acuity Advisors secure strategic investment in unified communications provider SIPCOM by Rigby Group plc

Independent corporate finance boutique Acuity Advisors, has secured a strategic investment in SIP Communications plc (SIPCOM) by Rigby Group plc.

SIPCOM was established in 2006 and has grown into a worldwide leader in the provision of unified communications solutions. SIPCOM offers the ability to build private hybrid clouds with full feature capability in conjunction with a Hosted Voice service covering 65 counties. The business is based in London, UK, employs 22 staff and is privately owned.

Rigby Group is a £2 billion business and has interests in the technology, airports, hotels, real estate, financial and aviation sectors. Among Rigby Group businesses is Europe’s principal independent technology provider SCC. SIPCOM was identified as a strategic fit to SCC, and represents Rigby Group’s 15th piece of M&A activity since hitting the acquisition trail in 2013.

Key to Rigby Group’s investment is the potential to deliver a local service to international customers, underpinned by its growing near-shore service centre operation in Romania.

Daniel Allen, SIPCOM’s Chief Executive, commented: “Acuity delivered a process that enabled us to select partners in Rigby Group and SCC that meet SIPCOM’s strategic requirements at a pivotal point in our evolution. Matching SIPCOM’s Hosted Voice & UCaaS capabilities with SCC’s Data Centre Services delivers a very compelling Cloud Delivered Managed Services proposition to customers. In working with the Acuity team, we found real value in Acuity’s Partner-only model, sector expertise and investor access.”

Matt Stamp, partner at Acuity Advisors, who led the process, commented: “This is an excellent result for both SIPCOM and SCC. The development capital provided by the Rigby Group establishes further SIPCOM’s position in the mid-market offering their customers the value and comfort they expect when selecting a cloud service provider.”

Acuity has a strong corporate advisory track record in the telecommunications space, having advised previously on the merger of Sub10 Systems with Fastback Networks, the sale of Zinwave to McWane Technologies and the sale of JMC Mobile to O2.

quote Acuity delivered a process that enabled us to select partners in Rigby Group and SCC that meet SIPCOM’s strategic requirements at a pivotal point in our evolution. Matching SIPCOM’s Hosted Voice & UCaaS capabilities with SCC’s Data Centre Services delivers a very compelling Cloud Delivered Managed Services proposition to customers. In working with the Acuity team, we found real value in Acuity’s Partner-only model, sector expertise and investor access quote
Daniel Allen SIP Communications Limited

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