GP Bullhound has participated in a £93m Series C fundraising in Connex One, a cloud-based Customer Engagement Platform. The investment, made from GP Bullhound’s Fund V, will enable the company to continue to scale its global operations and further establish its position as a market leader.
Founded in Manchester in 2013 by brothers Nick Mealey and Richard Mealey, Connex One has developed an AI-powered customer engagement platform that provides omnichannel communication and business automation. The platform is used by many of the world’s leading brands, powering customer journeys, increasing revenue, and optimising the efficiency of workforces.
Latium Tech, the investment vehicle owned by Brian Kennedy, took a majority shareholding in Connex One back in 2016, along with Sir Terry Leahy and The William Currie Group. The legal advisor to Connex One was DWF, led by Frank Shephard.
