Mozaic
Mozaic is an independent technology consultancy that works with enterprise clients and public sector organisations to assess and improve their digital strategy, technology delivery and operations. Sovereign is backing a highly experienced and ambitious management team with a Buy & Build strategy of acquisitions alongside organic growth and the development of new services.
Sector
Business & Technology Services
Status
Current
Investment Date
2022
Location
UK
Investment background
Mozaic was founded in 2013 with a mission to help organisations to assess and improve their technology strategy, delivery and operations. Working across a wide range of sectors, the business boasts a differentiated service proposition that combines technology strategy and operating model design, as well as software and technology implementation using proprietary IP, toolkits and methodologies.
Mozaic works collaboratively with its clients to design and implement radical improvements in performance and agility, implementing and configuring tooling, automating workflows and transforming ways of working across all areas of technology.
Mozaic is a long-standing ServiceNow partner, and delivers ServiceNow tooling and support alongside other services for multiple clients.
Over the course of four years, Sovereign built up a strong relationship with the management team before backing the company’s MBO in 2022. The UK digital transformation sector is large and growing – with Mozaic’s expertise and reputation, alongside Sovereign’s investment and support, the company is well-positioned to accelerate its growth, further develop its services and expand its client base.
The story so far
Since the business was launched more than a decade ago, Mozaic has established itself as a leader in the digital transformation market. It has a high-quality, experienced and ambitious management team that has delivered significant revenue and profit growth, developed long-standing relationships with a diversified, blue-chip client base, including the likes of Legal & General, the UK Home Office and Rolls Royce. The team was bolstered in January 2023 with the appointment of a CFO, facilitated by Sovereign.
Following the MBO in 2022, Mozaic has already attracted a number of new clients, and is currently actively targeting the defence, higher education and insurance sectors as it looks to accelerate its growth trajectory.
Given the highly fragmented nature of the UK digital transformation market, there is significant potential for consolidation via acquisitions, and, using our proven strategy of Buy & Build, we are actively exploring the M&A landscape for businesses specialising in software development, ServiceNow implementation and business automation, both in the UK and internationally.