Sovereign backs the MBO of private client trust and corporate services provider Aquitaine and its first two acquisitions Read more

  • Status: Current
  • Date: 2020
  • Sector:
    • Business & Technology Services

www.zenitech.co.uk/

Back to Investments

Zenitech

Zenitech is a successful strategic business consulting and technology services provider operating in the UK and Europe. Sovereign has partnered with Zenitech’s management team to significantly scale the business to meet the increasing demand for its services in this rapidly growing UK and international market.

Investment Background

Zenitech was founded in 2015 by a team of three individuals with deep industry experience and the desire to create a successful digital transformation company offering clients strategic business consulting and technology services. Over a period of three years, Sovereign got to know the team and saw the business grow rapidly. In 2020, Zenitech believed it was the right time to bring onboard an investment partner to further scale and develop their services. They chose Sovereign.

THE BUSINESS AT INVESTMENT

Zenitech provides consulting, technology and product innovation services with a focus on building and scaling mission-critical products and systems for blue-chip clients. The company empowers its clients to future proof their businesses by providing end-to-end digital transformation capabilities to create new digital products, increase revenue and market share, streamline operations and reduce costs.

Established in 2015, the business has c.200 employees across three offices in the UK, Romania and Lithuania. The successful combination of Zenitech’s high-quality strategic consultancy and technical software development capabilities is reflected in its rapidly growing and deeply embedded multi-year client relationships.

Sovereign has backed the founders of the business Christopher Lacy-Hulbert, formerly Director of Engineering at Yahoo, Edward Batrouni, previously Senior Head of Technology Outsourcing at Betfair and Associate Director at CapGemini, and Csaba Suket, formerly Director of Technology at Betfair. The team have a deep level of industry experience and a proven track record of delivering their strategic plans.


Back to Investments

THE VENDORS' PERSPECTIVE

Edward: 'This was the right time for us to seek an investor and in Sovereign we believe we have found a partner that will help us to further scale and develop our services to help clients meet their own business goals and ambitions.’

Christopher: 'We are committed to maintaining an extremely high bar in both the calibre and quality of expertise within our business. Investing in the right parts of our company will allow us to do that as we bring our offering to even larger, mission critical customers.’

Edward Batrouni / Co-founder / Zenitech & Christopher Lacy-Hulbert / Co-founder / Zenitech