Published December 6, 2018

GCP completes investment in Indigo Telecom Group as Sixth Deal in Fund IV

Growth Capital Partners (“GCP”), is pleased to announce a new investment in Indigo Telecom Group, supporting the management team in a secondary MBO.

Indigo is a leading provider of multi-vendor managed and project infrastructure services to a global customer base of major network operators, equipment vendors and large enterprise customers.

The Group’s heritage can be traced back to 1997, and following a management buyout led by CEO Stephen Thompson in 2016, the business initiated an M&A strategy with its first acquisition Belcom247, a specialist provider of data centre connectivity solutions completed in 2017. The GCP investment will support management in the next phase of accelerated growth including further significant buy and build activity.

Stephen Thompson, Group CEO of Indigo Telecom Group, commented:

“The GCP team were pro-active, pragmatic and delivered quickly in a tight timeframe. Importantly GCP demonstrated they do what they say they will, and this coupled with their partnership focus and clear track record of supporting ambitious buy and build plans makes them ideally placed to be our next investment partner.”

Richard Shaw, Partner, GCP commented:

“Indigo has a long track record of exceptional delivery and differentiation through its commitment to flexible customer service, breadth of service offering and its wide geographic footprint. This enables the group to provide critical infrastructure support to an impressive roster of international network operators and technology enterprises. We are delighted to be partnering with the Indigo team and look forward to supporting the next phase of growth.”