Bowmark Capital invests in Focus Group

Founded in 2004 by Ralph Gilbert and Chris Goodman, Focus provides a range of integrated technology solutions – including hosted voice, cloud applications, mobile, connectivity and IT services. These are delivered as a managed service to more than 15,000 businesses. The company has revenues of over £80 million and employs approximately 300 staff.

Focus has achieved strong organic growth by providing cost-effective, bespoke solutions across a wide range of products, with a strong emphasis on customer service. It has also acquired and integrated eight businesses over the past two years to expand its talent pool, build scale and enhance its product range.

As part of the transaction, additional funding of over £150 million is being made available to accelerate the company’s successful acquisition programme.

Bowmark partner Stephen Delaney said: “We have been following the information and communications technology sector for a number of years, and have been impressed by Focus’s outstanding track record of growth, its service excellence, and by the vision and ambition of its management team. We are delighted to have the opportunity to support Chris, Ralph and the team as they capitalise on the company’s significant growth opportunities, both organically and through acquisition.”

Focus Group’s co-founder Chris Goodman said “After running a tight process we are delighted to have partnered with Bowmark. We have an incredible team whose ambitions know no bounds, and with an investor of Bowmark’s pedigree on our side we are looking forward to capitalising on the foundations we have laid and delivering on our objectives.”