British Smaller Companies VCT2 Plc Completion of new investment (6867D)
July 08 2016 - 6:32AM
UK Regulatory
TIDMBSC
RNS Number : 6867D
British Smaller Companies VCT2 Plc
08 July 2016
British Smaller Companies VCT2 plc ("the Company")
Completion of new investment
The Company announces that on 30 June 2016 it completed an
investment of GBP0.95 million to acquire 11% of Hosted Network
Services Limited, trading as Sipsynergy.
Sipsynergy, based in Hertfordshire, is a market leading cloud
collaboration solutions provider to SMEs. Sipsynergy has worked
closely with technology firm Cisco to create a solution which is
sold on a white label basis through IT and telecoms resellers and
managed service providers.
The funding will support the company's growth strategy through
the expansion of its sales and support teams.
For further information please contact:
David Hall YFM Private Equity Limited Tel: 0113 244 1000
Gillian Maxwell Nplus 1 Singer Advisory LLP Tel: 020 7496 3000
This information is provided by RNS
The company news service from the London Stock Exchange
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