Experienced IT investor takes majority stake in comms firm

Yappl, the Alfreton communication and connectivity solutions firm, has landed investment from Hugh Symons Holdings, a company with over 50 years of experience in IT and telecoms.

This investment sees Hugh Symons Holdings hold a majority share in Yappl in a move that the Derbyshire firm says will expand its reach and offering.

The move follows Yappl bolstering its leadership team earlier this year, including the appointment of a new managing director in James Bannister, head of marketing James Sisson and head of finance Joe Butler.

Bannister said: “I’m delighted that Yappl has Hugh Symons Holdings on board as a new investor. They share our entrepreneurial vision for Yappl and recognise that developments in the telecoms industry represent a fantastic opportunity for an enterprise focused on delivering better connectivity to businesses across the UK.

“We have worked hard to ensure that Yappl has solid foundations in customer approach, technology and, critically, customer experience. We look forward to working with our new partners on the next phase of our business growth.”

Hugh Roper, CEO of Hugh Symons Holdings, said: “This investment marks a welcome return to the telecoms sector where we have enjoyed a significant presence in the past. Yappl is a great, dynamic business focused on delivering excellent customer experience across a broad range of sectors. I was impressed with the team; their enthusiasm is infectious. I look forward to developing the business and realising its full potential.”