Investment in Contact Engine by Beringea and Amadeus Capital

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Investment in Contact Engine by Beringea and Amadeus Capital 2018-03-01T10:34:09+00:00

Project Description

contact engine beringeaHMT LLP undertook due diligence for Beringea LLP (“Beringea”) and Amadeus Capital on their investment in SaaS solutions provider ContactEngine.

Founded in 2009, ContactEngine is a SaaS platform that automates the conversations between corporates and their customers, ensuring that crucial moments such as sales, deliveries and appointments are executed with precision and minimum effort.

ContactEngine’s ground-breaking solutions have attracted major clients, including Whirlpool, Virgin Media, Sky, Telecom Italia and British Gas. The company has already established a presence in Italy, Germany and Brazil and, with the new round of funding, will further develop its offering, reach and partnership network.

Amadeus Capital and Beringea have each invested £1 million into ContactEngine to fund its expansion into Europe and North and South America and its research and development of products delivering automated customer communications for global businesses.

Stuart Veale, Managing Partner at Beringea commented:

“Beringea has a longstanding relationship with HMT and we were once again thankful to the team for their support on the ContactEngine transaction”

Andrew Thomson commented:

“We are delighted to have advised Beringea and Amadeus Capital on their investment in ContactEngine. The Business has developed exciting disruptive technology which it has successfully deployed to a “blue-chip” customer base. The investment from Beringea and Amadeus will allow the management team led by Mark Smith to achieve their exciting growth plans.”