Eckoh: A New Era Under Bridgepoint Ownership

Deal News | Jan 20, 2025 | Bridgepoint

Bridgepoint has announced the completion of its acquisition of Eckoh plc, a leader in Customer Engagement Data Security Solutions. The deal, valued at 54 pence per share, marks the first investment from Bridgepoint’s latest fund, BDC V, part of its small-to-mid-cap strategy focusing on businesses with an Enterprise Value of up to £300 million. Eckoh, with a global presence in secure communications for contact centers, will delist from the London Stock Exchange in January 2025. Bridgepoint plans to bolster Eckoh’s growth through geographic expansion, product innovations, and strategic acquisitions, especially focusing on North America. The transaction underscores Bridgepoint's commitment to invest in high-growth technology and financial services sectors.

Sectors

  • Technology & Software
  • Financial Services & Private Equity
  • Contact Centre & Customer Engagement

Geography

  • United Kingdom – Eckoh is a UK-based company and its shares will delist from the London Stock Exchange.
  • North America – Bridgepoint sees significant opportunities for Eckoh’s growth in North America and plans for geographic expansion there.

Industry

  • Technology & Software – The acquisition of Eckoh, a firm specializing in customer engagement and data security solutions, highlights the role of technology in modern business operations.
  • Financial Services & Private Equity – Bridgepoint’s involvement as a private equity firm underscores the financial services industry's strategic investments in high-growth companies within the tech sphere.
  • Contact Centre & Customer Engagement – Eckoh operates within the contact center and customer engagement sector, providing critical software solutions for secure consumer interactions.

Financials

  • 54 pence per share – The acquisition price per share for Eckoh.

Participants

NameRoleTypeDescription
BridgepointBidding CompanyCompanyA leading private asset growth investor involved in the acquisition of Eckoh plc.
Eckoh plcTarget CompanyCompanyA global provider of Customer Engagement Data Security Solutions, acquired by Bridgepoint.
Nik PhilpotChief Executive OfficerPersonCEO of Eckoh who commented on the acquisition and the strategic partnership with Bridgepoint.
Alan PaynePartner and Deputy HeadPersonPartner at Bridgepoint Development Capital, expressed optimism about the partnership with Eckoh.