23 Jun 2017
Zeus Capital acted as Financial Adviser to Connex Solutions in the £9.1m share sale to Belerion Capital in the Manchester based technology firm. The multimillion-pound transaction fully exits three founding shareholders and brings in private equity firm Belerion Capital.
The transaction is representative of Zeus Capital’s ability to raise capital across public and private markets for high growth companies. Zeus Capital provided support to Connex Solutions by helping management demonstrate a comprehensive business plan and providing lead advisory services to all advisers on the transaction.
Connex Solutions, which was founded by entrepreneur Nick Mealey and his brother Richard, currently operates predictive dialler technology and with Connex Data profiling clients can analyse, mine, filter and select from existing or new data sources to optimise contact, maintain compliance, improve campaigns or reduce data costs.
The new investors will allow Connex Solutions to go to the next level and build on the high growth, cash generative start to the business.