Investment October 2020
Why we invested
Demand for field services technology solutions is growing rapidly driven by the increasing digitisation of workflows, a rising population of mobile workers, greater integration of software ecosystems and devices, and an increased focus on productivity. Totalmobile is uniquely positioned to capitalise on this opportunity and has achieved annual revenue growth of 43% over the past three years, driven both organically and by acquisition.
The story so far
Totalmobile is continuing its strong record of organic growth and further developing its product capabilities. As part of the transaction, additional funding of £100 million has also been made available to accelerate the company’s successful acquisition programme.