Graphite Capital and Babble Management Buy Babble from LDC for £90m
September 1, 2023
Graphite Capital and Babble’s management completed a management buyout of Babble in a £90 million transaction in which LDC exited (retaining a minority stake). Babble is a UK-based provider of unified communications, cloud and cybersecurity services and will continue pursuing a buy-and-build strategy after the transaction.
- Buyers
- Graphite Capital, Babble management
- Targets
- Babble
- Sellers
- LDC
- Industry
- IT Services
- Location
- Essex, United Kingdom
- Transaction Type
- Buyout
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