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Daisy Corporate Services
Specializing in enterprise-level IT, communications, and cloud solutions for businesses
About Daisy Corporate Services
Daisy Corporate Services has established itself as a significant player in the UK's managed IT services and communications sector. The company originated from the vision of its founder, Matthew Riley, who embarked on his entrepreneurial journey at the age of 24, initially selling telephone line services from his home in Nelson, Lancashire. The business, then known as Daisy Communications, was formally established in 2001. Riley's background is a classic entrepreneurial story, starting with a loan to found the company and expanding through a series of strategic acquisitions, which has become a hallmark of Daisy's growth strategy.
The company's trajectory has been marked by significant transformations. A pivotal moment was the acquisition of the company for approximately £200 million in 2009, which was backed by Oakley Capital, and its subsequent listing on the London Stock Exchange's AIM market. This was followed by a return to private ownership in 2014 through a £494 million deal led by Riley himself, alongside Toscafund and Penta Capital. This move allowed the business to restructure and focus on long-term strategy, leading to the demerger of the business into three separate entities in 2018: Daisy Communications, DV02, and the unit that would become Daisy Corporate Services (DCS). DCS now operates under the leadership of CEO Neil Thompson and focuses specifically on the corporate market.
Daisy Corporate Services operates as a Managed Service Provider (MSP), delivering a comprehensive suite of end-to-end IT, communications, and cybersecurity solutions primarily to mid-market and enterprise clients across the United Kingdom. Its business model is centered on providing integrated solutions that help organizations manage their digital infrastructure. Revenue is generated through long-term contracts for managed services, project-based work for specific implementations, and the resale of hardware and software. The company's offerings are categorized into key areas: Connectivity, Cloud services, Unified Communications, Operational Resilience, Modern Workplace solutions, and Cyber Security. This approach allows clients to source a wide range of technology needs from a single partner, simplifying vendor management and ensuring interoperability between systems. The service portfolio includes everything from basic internet connectivity to complex cloud migrations, robust cyber defense mechanisms, and collaborative tools for employees, all supported by a 24/7 service capability.
Source: Dealroom company dataAt a glance
- Founded
- 2001
- Headquarters
- Manchester, United Kingdom
- Sector
- Other B2B Software
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
Oakley Capital
Daisy Group
Source: Dealroom Talent Intelligence.
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