CC33 Global Set to Launch AI Development Team After Acquisition

Deal News | Feb 04, 2025 | Business Cloud

CC33 Global Set to Launch AI Development Team After Acquisition

Sheffield-based CC33 Global, a customer services and technology firm, is poised to introduce an AI development team following its acquisition by London-based iCXperience Group. The acquisition aims to inject a £15 million investment into CC33 Global, poised to double the company's turnover, alongside a separate £1 million boost specifically targeting operational innovation. As part of this strategic development, CC33 Global will open up to 20 new positions for software professionals, including programmers and software architects, to craft bespoke AI technologies for handling its extensive volume of 35 million annual calls. The initiative heralds a new era for CC33 Global under the leadership of Managing Director Paul Fletcher, who envisions the enhancement of the company's agent experience and service offerings through AI. Commercial Director Giv Russo emphasizes this investment as a testament to the firm's growth potential and commitment to leveraging technology in customer service enhancements.

Sectors

  • Technology
  • Customer Service
  • Financial Services

Geography

  • United Kingdom – The key players, CC33 Global and iCXperience Group, are based in Sheffield and London respectively.

Industry

  • Technology – The article discusses the founding of an AI development team and the use of advanced technologies in improving customer service operations.
  • Customer Service – CC33 Global is a customer service provider focusing on improving their offerings through AI integration.
  • Financial Services – Involves the acquisition deal and subsequent financial investments to bolster company operations.

Financials

  • £15 million – Investment to double CC33 Global's turnover following its acquisition.
  • £1 million – Investment directed towards AI innovation in CC33 Global's operations.

Participants

NameRoleTypeDescription
CC33 GlobalTargetCompanyA Sheffield-based customer services and technology provider.
iCXperience GroupBidding CompanyCompanyA London-based company that acquired CC33 Global.
Paul FletcherManaging DirectorPersonManaging Director at CC33 Global overseeing the new phase of AI integration.
Giv RussoCommercial DirectorPersonCommercial Director at CC33 Global, advocating the investment strategy.