Investment type
- Management buyout
Private equity support proves the sky is the limit for cloud marketplace business.
During our partnership, the business also invested in its proprietary technology platform to launch the Giacom Cloud MarketTM, which enables IT consultants to sell and license cloud services more easily and expanded its product portfolio with complementary products such as cybersecurity software BitDefender and hosted voice technology provider TalkTalk Business.
Ongoing support
In November 2017 LDC completed the sale of Giacom to Livingbridge. As part of the deal, LDC reinvested for a minority stake as it continues to support Giacom’s ongoing growth strategy.
2020 saw Giacom recognised in the Sunday Times Tech Track 100 in its fourth consecutive year. Since LDC’s original investment in 2016 the business has increased turnover from £6.6m to more than £35m.
In November 2020, following a four year partnership, LDC successfully exited its minority shareholding in Giacom to Digital Wholesale Solutions, an independent communications, IT and cloud services provider to the Channel.
2019
2017, 2018, 2019 & 2020
Giacom – BVCA Yorkshire & North East Management Team Awards 2018