Boldon James
Sector |
IT and Media |
|---|---|
Status |
Realised |
Deal Type |
Management Buy-out (MBO) |
Provider of secure messaging software for military, government and security customers. Typically used for sending highly confidential information across multiple sites and geographic jurisdictions.
In 2005, ISIS backed the £5.5m MBO of Boldon James who has since won contracts with the UK Cabinet Office, the MoD and the US Department of Defence. In 2007, it was acquired by QinetiQ for £20m.
"ISIS understood our market and helped us transform the business from a national operation to a serious player in a global market."
Martin Sugden, Managing Director
Timeline:
2005 ISIS backs MBO
2007 QinetiQ acquires business for £20m