Daisy is a leading digital supplier of end-to-end business communications and managed services to UK SMB, mid-market and corporate businesses.

Investment Year
2015
Sector
ICT / Telecommunications
Location
UK
Fund
Fund I & Fund II
Status
In portfolio

Formed in 2001, Daisy has grown into the UK’s largest independent provider, with 60,000 direct customers, 1,500 partners, 3,700 employees, and 30 locations nationwide. Daisy offers a comprehensive range of products and services including fixed line voice, data, hosting, mobile telephony, IT infrastructure and associated managed services.

Oakley first held a minority stake in Daisy in July 2009. By the time Daisy was taken private in November 2014 its market capitalisation had increased from £204m to £494m.

Oakley had the opportunity to reinvest in Daisy in July 2015 following its acquisition of listed UK IT services company, Phoenix IT Group Plc, a transaction which created the first truly converged IT and unified communications company (“UCC”) in the UK SMB and mid-market.