LDC backs £30m DoubleEdge, Foehn and Metaphor IT merger

The new group will be called Kerv and will have £20m in revenues and 100 employees.

The new business is expected to drive further organic growth and identify further complementary acquisitions supported by follow-on funding from LDC.

The leadership team at Kerv will consist of Alastair Mills as executive chairman, managing director Mike Ing, and Andrew Marshall, group CFO. The management team of each of the three businesses will all stay with Kerv and join the senior team.

Company
London-based DoubleEdge Professional Services specialises in unified communications, voice, data, mobility and compliance. It was founded in 2006.

Richmond-based Foehn is an R&D team, cloud unified communications and contact centre provider founded in 2000.

Founded in 2015 and based in London, Metaphor IT specialises in cloud services, digital workspaces, and IT managed services.

People
LDC – Yann Souillard (head of LDC in London); Aylesh Patel (investment director); Lewis Winston (investment manager).

Advisers
Equity – RSM (financial due diligence); Armstrong (commercial due diligence); DLA Piper (legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• UK / Ireland
• Technology
• United Kingdom
• LDC
• Build-up
• Buy-and-build