In 2021, Inflexion made a Partnership Capital minority investment in IT, communications and cloud wholesale platform Giacom (previously Digital Wholesale Solutions) through its Partnership Capital fund. As part of the transaction, Giacom was carved out from Daisy Group, with the majority of the shareholders of Daisy Group reinvesting directly into Giacom.
Sector
Technology
Headquarters
Southampton, UK
Fund
Partnership Capital
Investment date
March 2021
Status
Current
The company
Giacom (previously DWS) is a high growth software platform business providing IT, communications and cloud products and services on a wholesale basis to over 6,000 UK partners from vendors including Vodafone, O2, BT/EE, Microsoft, and Virgin Media Business. Its services are targeted at resellers serving SMEs typically employing 10 to 250 people.
The Inflexion difference
Inflexion's minority investment allowed Giacom to become an independent entity as it continues to pursue its strategy of being the partner of choice across the industry, providing an integrated platform for resellers to provide the very best solutions to their customers. This is becoming increasingly important as market disruptions such as the move to cloud, 5G, fibre to the premises and the “work from anywhere” trend drive SMEs to invest in digital technology.
The best PE that I have ever dealt with are the ones that have a bit of emotional intelligence, and that's one of the big things we found with Inflexion. We actually liked the people that we were talking to and they understood what we were trying to achieve, and that's really important as they actually listened.