Lixxus Communications Ltd

Business Valuation and Research

The background

Lixxus Communications, founded in London in 2005,  is a specialist in ISP/ Telco, and a WAN, XaaS provider. The company set out to provide internet solutions to their customers. Founded by Joe Kelly, an entrepreneur operating within the TMT and Tech space.

The challenge

The technology sector continues to remain one of the strongest areas of investment for PE companies and investment firms. Furthermore,the stability of the sector provides further attraction to the SMEs searching for investment. Evolution Capital were selected by Kelly to conduct thorough market research to strategically position and grow the business, with potential plans for a business sale in the future.

Advice, planning and preparation

The Evolution Capital team work hard to create great synergies between business, to create the strongest deals, and ultimately grow business value most effectively. With decades experience operating within the sector,managing transaction processes, and providing advice to shareholders, the research conducted for the management team of Lixxus enabled the shareholdersto make informed decisions to benefit the company moving forward.

Joe Kelly, founder and managing director of Lixxus Communications required specific understanding of the business opportunities available to the company. Evolution Capital delivered an in-depth review of thebusiness, understanding everything from management accounts, to customers and contracts.

A successful outcome

Evolution Capital were delighted to advise the shareholders of Lixxus in the strategic review of the business. Nigel Cook commented; “Our research team are extremely knowledgeable on the landscape of the market, the behaviours of key players and current multiples and trends. We know the sector, and our advice and outstanding outcomes achieved for our clients speaks for that.”

Lixxus Communications, following the review by Evolution Capital, which enabled the shareholders of the business to develop and strategically grow the value before embarking on a business sale process the in 2011.