Graphite Capital has acquired Babble, a communications and cloud contact centre and cyber security provider, from LDC.
Based in the UK, Babble supports around 2,000 medium-sized companies operating in a wide range of sectors including financial, health and education, travel and accommodation, and public services. Its integrated communications proposition enables clients to improve efficiency, enhance customer service, increase revenue, reduce costs and remain secure in the digital world.
Matt Parker, chief executive of Babble, said: “We have known Graphite for many years and will benefit f rom their proven expertise in supporting the growth of technology-led companies, both organically and through acquisition.”
Humphrey Baker, Graphite partner, added: “We were impressed by Babble’s talented management team and its proven growth strategy, continually building on its strong recurring revenue base. Babble is a leading player in a very large and attractive market, working closely with its customers and enabling them to move to cloud-based ‘UCaaS’, ‘CCaaS’ and cyber solutions. We look forward to working with Matt and the team to take Babble to the next level.”
