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Commsworld: Backing National roll-out

Leading internet company secures backing to speed organic growth across Scotland and the UK.

Sector
  • Technology, Media, Telecoms

Commsworld provides connectivity, cloud, security, unified comms, and IT infrastructure services to the public and private sectors.

Deal type
  • Development capital
The Team
LDC Region

Commsworld is an Edinburgh-headquartered telecommunications and ISP provider, founded in 1994.

The company provides connectivity, cloud, security, unified comms, and IT infrastructure services to the public and private sectors. Key client relationships include Taylor Wimpey, Skyscanner and Edinburgh Airport.

Commsworld has 110 employees based across its offices in Edinburgh, Glasgow, London and Aberdeen.

Investing for growth

In December 2019 Commsworld’s management team led by CEO Ricky Nicol chose to partner with LDC.

We had the choice of a number of options for investment, but we have built a strong relationship with LDC who share our vision for the business and can provide the right balance of support, experience and contacts to help us deliver.”
Ricky Nicol, CEO
Commsworld

Our investment is helping the team to build on the success of the business in recent years and bring its super-fast and resilient connectivity to more organisations across Scotland and the UK.

As part of the transaction, telecoms expert John Trower joined Commsworld as Chairman. John has significant experience of working for and advising private equity backed telecoms businesses and has held board roles at Metronet UK and Glasgow-based My1Login.

The deal provided an exit for the remaining Non-Executive Directors and private shareholders.

In 2020 Commsworld was unveiled as one of the best-performing privately-owned technology companies in the UK, ranked 27th out of 50 peers, at the Megabuyte50 Awards and also ranked in The Sunday Times Profit Track 100 (Covid-19 edition) with the business bring praised for using its website to share advice on remote-working technology, highlighting deals from the likes of Microsoft and Mitel, during the Coronavirus pandemic.

In June 2020 Commsworld announced it had completed the final step in its shift from telecoms disruptor to network provider having invested more than £10m in its “next generation” network. Read article in The Scotsman here.

Recently Chairman John Trower appeared in The Herald’s Business HQ Magazine (Summer 2020 edition) discussing the pivotal role technology will have as we emerge from the Covid-19 pandemic. Read the full article here.

We think there is real scope for a Scottish-headquartered and led organisation that could grow right across the country, and that’s what we aim to do.”
John Trower, Chairman
Commsworld

Awards

Profit Track 100 (Ranked 23)

The Sunday Times, 2020

Best-performing privately-owned technology companies (placed 27th)

Megabuyte50 Awards