Foresight Group and MEIF Invest in The Modular Analytics Company (TMAC)

November 11, 2021

Foresight Group has made a c.£749,000 growth capital investment into The Modular Analytics Company Limited (TMAC), using equity finance from the Midlands Engine Investment Fund (MEIF) as part of a c.£1.5 million funding round. TMAC, a Manchester-based AI and machine learning contact-centre software provider (Fonetik, Playbook and Coach), will use the funding to develop its SaaS platform, make senior hires and consolidate its East Midlands base.

Buyers
Foresight Group, Midlands Engine Investment Fund (MEIF)
Targets
The Modular Analytics Company Limited (TMAC)
Location
England, United Kingdom
Transaction Type
Growth capital

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