Mazars advises Totalmobile’s management team on their investment by Bowmark

Our Deal advisory team successfully advised the management team of Totalmobile Limited (‘Totalmobile’) on its secondary MBO backed by Bowmark Capital.

Totalmobile is one of the UK’s leading field service management software providers, with over 700 customers and 250,000 mobile-workforce users across the public services, property, facilities management, transport and infrastructure sectors.

Following Horizon Capital’s (‘Horizon’) investment in 2015, Management facilitated a transition to a SAAS focused revenue model, delivering transformational growth in the business. Since 2018, the company’s revenues have increased by over 45% per annum, with this strong growth continuing despite the pandemic.

The backing will help support the business organically whilst accelerating growth through both investment in the platform and further acquisitions, with additional funding of over £100m being made available to accelerate the company’s successful acquisition programme.

Why Mazars?

“I’d like to thank the entire team at Mazars Deal Advisory for their work over the last number of months. Their advice and support, combined with a conscientious approach, provided an invaluable resource over the course of the buy-out process, helping enable a smooth transition.

At Totalmobile, we are now excited about the next stage in our growth, as we look to further establish ourselves as the UK’s leading support of Field Service management solutions.”

Jim Darragh, Chief Executive Officer, Totalmobile Ltd

Get in touch

If you would like any further information on this transaction or to understand how we can help support your business, please contact Paul Joyce below.