Inflexion is pleased to announce that it has agreed to make a significant minority investment in Digital Wholesale Solutions (“DWS”), an independent IT, communications and cloud wholesale platform, which is currently part of the Daisy Group. The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II. As part of the transaction, DWS will be demerged from Daisy Group with the majority of the shareholders of Daisy Group reinvesting directly into DWS. The transaction values DWS at an enterprise valuation of £1 billion.

DWS is a high growth software platform business providing IT, communications and cloud products and services on a wholesale basis to over 6,000 UK partners, from vendors including Vodafone, O2, BT/EE, Microsoft, and Virgin Media Business. Its services are targeted at resellers serving small and medium sized enterprises (“SMEs”) in the 10-250 employee range.

As an independent entity DWS can further pursue its strategy of being the partner of choice across the industry, providing an integrated platform for resellers to provide the very best solutions to their customers. This is becoming increasingly important as market disruptions such as the move to cloud, 5G, fibre to the premises and the “work from anywhere” trend drive SMEs to invest in digital technology.