
NVM injects £3m into Intelling
NVM Private Equity has invested £3m in UK telecommunications support business Intelling.
The GP said in a statement that Intelling will undertake a geographic expansion strategy and look to expand into new market segments.
The deal is the ninth investment made by NVM over the course of the past 12 months. In January, the firm supported the management buyout of industrial instrumentation company Thyson Technology from a consortium of private investors.
Company
Manchester-headquartered Intelling provides telemarketing and customer services support for telecommunications companies including Telefonica and Missguided. The business has a headcount of 400 with additional operations in Belfast and Burnley.
People
NVM Private Equity – Andy Leach (investment partner); Liam May (investment manager).
Intelling – Phil Morgan (CEO); Ron Pierce (chairperson).
Advisers
Equity – Signia Corporate Finance (corporate finance); Pannone Corporate, Tim Hamilton, Craig Geraghty (legal); AON (insurance due diligence); Intuitus (IT due diligence); Fairgrove Partners, Paddy Woods Ballard, Leo Bradshaw (commercial due diligence); Quinn Partnership (management due diligence); Dow Schofield Watts, Ed Brentnall (financial due diligence).
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