YFM Equity Partners Ltd, the UK based specialist private equity fund manager, has backed the GBP 18.1m management buyout of Smart Numbers, the UK based provider of cloud-hosted Voice over Internet Protocol (VoIP) telephony services for small businesses. The founder Scott Woolaway will continue to hold a significant shareholding in the business, retaining a position on the board post-investment as Vice Chairman.
- Target – Smart Numbers LTD
- Buyer – Yfm Equity Partners LLP
- Buyer – Management team
- Buyer – Tim Hutchings (private investor)
- Seller – Scott Woolaway (private investor)