Daisy

Fund
Fund II
Year
2015
Location
UK
Status
Current

Daisy is the UK’s No. 1 provider of B2B communications, IT and cloud services.

Key facts

Customers

360k

indirect and direct

Locations

30+

nationwide

Buy-and-Build

30+

acquisitions

Formed in 2001, Daisy has grown into one of the UK’s leading telecommunications providers, with 360,000 indirect and direct customers, c2,100 partners, c4,000 employees, and 30+ locations nationwide.

Daisy

Our investment

We acquired a minority stake in Daisy in July 2009. By the time the company went private in November 2014, its market capital had increased from £204m to £494m.

We then reinvested in Daisy in July 2015, following its acquisition of Phoenix IT Group PLC.

Quote Matthew Riley

Oakley's expertise and partnership has been invaluable over 10 years of building leading UK and European communication providers.

Matthew Riley

Founder Daisy & Damovo

Market dynamics

Daisy holds a strong position in the telecommunications market, which is witnessing a shift from fixed voice services to mobile, data and cloud solutions. This evolving market is creating a number of smaller companies that make for viable acquisition targets. Such acquisitions would help to further consolidate the market and strengthen Daisy’s position.

Our origination network helps us source investments others cannot. Often, we are the first institutional investor in our portfolio companies.

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