London-headquartered Natilik, a leading provider of Hybrid IT and Communication services to mid-sized and large corporations, has received a multi-million pound Growth Capital investment from Santander Corporate & Commercial. The funding will enable them to continue their expansion and capitalise on growth opportunities.
Formed in 2015 following an MBO from Touchbase Group, Natilik has grown rapidly to become a key competitor in its markets. It now has 150 employees and along with its London base, recently opened satellite offices in New York and Sydney. The firm’s impressive client list boasts FTSE 100, FTSE 250 and Fortune 500 global organisations, alongside some of the fastest growing privately owned companies in the UK.
Ranked as one of the UK’s top ten places to work in 2017 and backed by Herald Investment Management, the firm’s ambitious growth plan centres on organic expansion both domestically and overseas, within the Americas and Asia Pacific Markets.
Santander’s Growth Capital loans are targeted at businesses with annual turnovers of up to £50 million which have a demonstrable history of high year-on-year growth in turnover, profit or employment. The facility is aimed at fast-growth and highly ambitious businesses, making it a strong match for the London headquartered technology provider.
Mike Danson, Chief Executive Officer, Natilik said: “We offer a highly differentiated, end-to-end service and our strong client centric ethos and focus on the key issues and challenges affecting businesses means we are very well positioned for growth both in the UK and in new markets. This funding and support from Santander comes at a key time for the business and positions us for continued growth.”
Paul O’Reilly, Director, Growth Capital, Santander Corporate & Commercial, said: “Backed by Herald Investment Management and a highly experienced, dynamic management team, Natilik has become a major UK success story. We are delighted to be able to support them.”
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