Investors plug in to IT group with £36m investment
CSI Group, an IT company which employs the majority of its 180 staff in Coleshill, has received a £36m investment from private equity firm MML Capital Partners.
MML is investing alongside CSI owners Alan Watkins and Kevin Lewis who, through their investment vehicle Blackhawk Capital, bought the group in 2012.
Over the last five years they have grown CSI through a combination of acquisitions and significant organic growth. The business is forecasting revenues of £48m and EBITDA of £9m.
Alan Watkins, executive chairman of CS... For the full story register now for free or login below...