7th June 2022
QPE supports MBO of Nebula (formerly TelcoSwitch)
Queen’s Park Equity (“QPE”) is delighted to announce it has supported the MBO of Nebula (formerly TelcoSwitch).
Nebula (formerly TelcoSwitch) is a leading provider of unified communications and compliance solutions supporting 140,000 active daily users across 65 countries. Nebula (formerly TelcoSwitch) has been recognised in the Sunday Times Tech Track 100 and the FT 1000: Europe’s Fastest Growing Companies.
The investment will enable Nebula (formerly TelcoSwitch) to explore further M&A opportunities, broaden its channel-focused product suite, increase headcount to better serve its customers and surpass 400,000 active users by the end of 2024. This will follow on from the series of successful acquisitions completed in the last 18 months, including OneVoice, PBX Hosting and SureVoIP.
Jonny Kay, Managing Partner at QPE added: “We are very excited to be supporting Nebula (formerly TelcoSwitch) to build on the impressive growth the team have achieved in recent years. Their success is testament to both the quality of the underlying technology and the strength of the management team which has positioned TelcoSwitch perfectly to continue its exceptional growth story.”
Nebula (formerly TelcoSwitch) is the eighth partnership investment from Queen’s Park Equity Fund I, which was oversubscribed and closed at its hard cap of £202m in December 2020. QPE is focused on providing capital and expertise to high-quality, entrepreneur-led businesses within the Tech Services, Health & Pharma and Education sectors, with an ambition to accelerate their growth.