Acuity advises Business Systems (U.K) Limited and its shareholders on private equity investment
Acuity Law is pleased to have advised Business Systems (U.K) Limited (BSL) and its shareholders in connection with an investment by private equity house August Equity.
Established in 1987 by Richard Mill and Stephen Thurston, BSL specialises in providing mission critical Enterprise Communications Solutions to enable digital transformations for contact centres, public sector customers and trading floors. BSL is highly respected in the communications market having built an enviable reputation for implementing complex project – it counts top blue-chip institutions as well as many global tier-one banks amongst its customers, including Bank of England and Standard Life.
The investment from August Equity will enable BSL to better serve its customers and partners, and develop further opportunities to enter new markets (domestic and internationally).
Adam Kantor, CEO of BSL said “this is an exciting opportunity for BSL, our employees and our customers. Our legacy of providing compliance and monitoring solutions to the world’s largest financial institutions has been the foundation from which we have built our workforce Engagement Management and Cloud Contact Centre offers, and this investment opportunity allows us to serve out customers even better with innovative and disruptive technologies as well as providing access to additional expert resources.”
Senior Associate Tom Saunderson led the transaction with corporate partners Steve Berry and James Hardy, supported by a cross-departmental team including Elena Visser, Katie Shanahan, Daniel Evans, Ben Honour and Emma Hutchings.