TRANSPARITY SOLUTIONS

Company overview

Transparity Solutions is a fast growing cloud services provider and a highly accredited pureplay Microsoft Gold Partner based in Dorset. The business has delivered year on year growth of more than 60% since its establishment six years ago, and this year they are on target to deliver £13m turnover despite COVID-19 (up from £7.9m last year).

With ambitious plans and a zest for innovation, Transparity has recently secured funding from Beech Tree Private Equity whose support, sector experience and connections will help them to accelerate their growth journey both organically and via strategic acquisitions.

Transparity is expected to reach £21m turnover next year with plans to increase its UK team from 60 to 200 experts within the next few years.

Brief 

Through a long standing relationship with Beech Tree Private Equity, director Simon Hemley approached Directorbank at the pre-deal stage. A PE-savvy CFO was required with strong sector knowledge and a proven track record to support pre-deal due diligence and strengthen the management team post-deal.

Result

Having worked with Beech Tree on a similar project Directorbank’s Mike Avis was quickly able to refer the appointed candidate Iain Slater. 

Iain is a hugely sector experienced CFO with previous PE exposure and a proven track record of acquisition and integration. Most recently he was CFO at Kallidus, a B2B SaaS business where he managed the acquisition and integration of Advorto UK (recruitment cloud Saas) and oversaw the exit of FPE Capital to Apse Capital achieving a 3x multiple of capital for the seller.