Connect Communications Announces Management Buy-Out

By Jonathan Keane

Lloyds Development Capital (LDC) has backed a management buy-out (MBO) for unified communications specialist Connect Communications, by entrepreneur Alex Tupman.

The investment will be aimed at fuelling Connect’s growth, with a view to building a £100m managed IT services business. Tupman will step up as ceo of the company.

Connect already works with companies like Coca-Cola, HP, Barclays, Tupman and will be leading its expansion from the company’s London headquarters and various other offices around Europe.

“It has taken a little time to find such a high quality, well respected and differentiated business as Connect. The business has invested heavily in intelligent infrastructure and toolsets within its service center that can support enterprise clients on a global basis,” said Tupman in a statement.

“We aim to invest further in Connects’ asset light but technology-rich, unique capability; expanding our global reach, our channel and our penetration of the enterprise space, as well as expanding our service portfolio.”

Tupman, who is a previous Ernst & Young Entrepreneur of the Year winner, added that he is looking forward to working with the current staff and board of Connect such as CTO Martin Cross and CFO David Rose. “We have an exciting future ahead of us,” he said.

Arman Khan, who has worked with Cross and Rose in Connect’s business, welcomed Tupman to the company and predicted success for the new team.

“Adding Alex’s experience and proven leadership gives Connect an exceptionally strong management team going forward,” he said, “plus the additional financial firepower from LDC to deliver on its expansion strategy.”

Connect Communications is a UC services specialist based in London, with offices in Paris and Frankfurt. It has worked with vendors like Microsoft and Avaya as well as clients in sectors such IT, finance, law, and technology.

Edited by Maurice Nagle

Contributing Writer

Related Articles

Home Automation Will Increase in Popularity in the Next Decade

By: Special Guest    6/25/2019

Smart homes and home automation have been the subject of science fiction stories for decades.

Read More

Swift Sensors IoT Solution Set to Protect Rare and Valuable Museum Exhibits

By: Arti Loftus    5/29/2019

A lot of museums around the world are located in old buildings which may be subject to drafts, warm or cold areas of uneven heating, many of the build…

Read More

Safer, Smarter Public Venues: Powering Dr. Phillips Center

By: Shrey Fadia    5/29/2019

Siemens recently demonstrated its role as a technology partner for the Dr. Phillips Center on Orlando, where Siemens helps with safety issues and othe…

Read More

Jacksonville Jaguars Bring Game Day to a New Level with Siemens

By: Shrey Fadia    5/29/2019

Technology today is increasingly embedded into public venues, as part of Smart City projects, Smart Transportation and Smart Factory projects, and now…

Read More

Resilient Cites: Orlando's Most Exciting Ride

By: Shrey Fadia    5/28/2019

Siemens featured Orlando in their their flagship U.S. technology and innovation conference held recently in Orlando (Spotlight on Innovation 2019).

Read More