Maven Capital Partners Relationship
In March 2015 Maven Capital Partners made a strategic investment in Flow to facilitate extended market coverage and the development of new offerings for new and existing clients. The investment was initially used to accelerate the expansion of the internal team, and more recently has been utilised to develop a Managed Service as more Clients consider the benefits of migrating their IT operations to “Cloud Based Services”
It is further planned to utilise the investment to assist with the acquisition of complimentary companies to underpin the “Buy and Build” strategy which Managing Director Nick Sonigra envisaged when he first founded Flow.
Andrew Ferguson, Partner at Maven, said: "In Flow we are backing an ambitious business operating in a market that has significant growth opportunities. Flow has built up a reputation for technical expertise and excellent customer service, and we share its vision that the business is well placed to drive further growth. We are excited to be working as equity partners with Nick and his team.”
Nick Sonigra, Managing Director at Flow Communications, added: "We’re delighted to be working with the Maven team, it’s a great opportunity for us to accelerate our growth plans. We have built a strong business since the company’s formation in 2008, and this transaction provides a great foundation for the next phase in our development. With Maven’s experience of supporting buy-and-build strategies we believe they are the perfect funding partner to help us deliver on our vision for Flow.”