Case studies

Control Circle

A global leader in providing complex managed hosting and cloud-based services to enterprises and online businesses. SEP first invested in the company in 2010 and exited through acquisition by Alternative Networks in 2014.

Highlights

  • >100 large corporate clients

  • >500 staff

  • Sold to Alternative Networks for £39.4 million

  • Exit price almost 22x EBITDA

Making a difference

  • SEP’s support enabled the company to make significant investment in innovative systems, leverage operational efficiency and execute an aggressive growth strategy

  • We identified a new CEO and helped recruit senior executives to lead next phase of growth

  • We led the planning, management and execution of the sale of the company, attracting several offers

  • The acquisition by Alternative Networks achieved a good strategic and cultural fit, opened up new growth opportunities and delivered significant shareholder value

ControlCircle grew quickly to become the leading UK provider of managed and cloud-based services to enterprises and online businesses. Investment from SEP, coupled with their hands on, commercial approach fuelled this growth and their experience of realising value was critical to ensuring a positive outcome for all shareholders on our acquisition by Alternative Networks.’

Carmen Carey, former CEO, ControlCircle