The Manchester team of Maven Capital Partners has led a £5m Management Buy Out of Vodat International Limited from its founder Mike Bielinski.
The investment, led by Ryan Bevington and Jonty Hall, is designed to help the company further expand over the next few years, particularly with the roll out of the new products and services.
Established in 2002, Cheshire-based Vodat provides managed network and communications solutions to business customers, with a particular focus on the UK retail sector. The business has a current customer base covering over 7,000 live sites.
Led by Managing Director Neil Poultney, Vodat offers a range of products and services including secure real-time data networks, Wi-Fi solutions, IP Telephony services and disaster recovery. The company has also developed an innovative managed payment service which addresses the compliance challenges currently facing businesses which accept card payments, as a result of the introduction of Payment Card Industry Data Security Standards (PCI-DSS).
FinSMEs
06/04/2012