MBO of Enterprise Consulting

Logo of Enterprise Consulting UK Ltd

PEM Corporate Finance advised management on the MBO of Enterprise Consulting UK Ltd (EC).

Company background

EC was founded over 10 years ago as the only European vendor of the Synergy Enterprise Content Management software suite as used by 70% of all American banks.  The company is technology driven and focussed on the electronic storage and conversion of paper.  Its strengths lie in understanding its customers’ businesses and the way that information derived from digitised images is used to enhance enterprise-wide productivity and effectiveness, streamline operations and support better informed, timelier decisions.

EC's product portfolio now includes its own state of the art scanning bureau based in Cambridge and in an exciting new development it has launched its own hosted document management solution employing all aspects of cloud computing. Uniquely this offers SMEs the functionality of an enterprise class document management system for a monthly subscription fee.

EC’s customers include BP Oil, some of the UK’s biggest household names in private banking and financing, the NHS, Brown Shipley, Investec Trust, Norwich & Peterborough Building Society, Walkers Crisps, Weetabix and Genzyme.

What was special

The deal allowed EC to develop its full potential by incentivising management and providing financial resources for growth - in particular EC’s own scanning bureau and its cloud based hosted document management solution.

Deal structure

Debt Finance was provided by The Royal Bank of Scotland and equity finance by management.

 

Read the press release

 

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