Commify, a Nottingham, UK-based company which specializes in business messaging solutions to Local Enterprises, received an investment from ECI Partners.
The deal, valued at €300m, provides a full realisation for Hg, an investor in European and transatlantic software and services businesses, that has backed Nottingham based Commify’s transformation since 2016.
The company intends to use the funds to support further acquisitions across both existing and new countries, as well as to accelerate future platform and product development.
Led by Richard Hanscott, CEO, Commify provides integrated solutions that enable over 45,000 customers to communicate with their customers and staff, sending over 5 billion messages per year, covering a range of business critical use cases from appointment confirmations to emergency alerts, via a range of channels including SMS, WhatsApp, RCS, email and voice. The business is an established leader in the European Local Enterprise segment, complemented by operations in the US and Australia.
Commify has completed 16 complementary acquisitions in the last decade. It operates in the UK, Ireland, France, Spain, Germany, Italy, The Netherlands and Australia under a portfolio of customer-facing brands addressing different markets and different customer segments.
FinSMEs
05/09/2023