Case study

Red Box Recorders has been acquired by ISIS Equity Partners

The shareholders and senior management team have sold the call recording specialists Red Box Recorders (Red Box) to ISIS Equity Partners, a respected mid-size UK private equity house, for US$21.3 million.

Based in Nottingham, Red Box Recorders has offices in New York and Singapore and currently serves customers across 128 countries. It is one of the world’s fastest growing call recording companies which offers a viable alternative to the large corporate groups which also compete in the market. Demand for voice recording services continues to grow strongly, primarily driven by increased regulatory and compliance requirements across a variety of sectors, in particular financial services, which is Red Box’s largest market. The company also targets emergency services, call centers and public sector bodies.

Oaklins Cavendish, based in the UK, has advised the seller in this transaction. The team's specialist commented: “The voice recording sector is expanding fast driven by increasing compliance and regulatory demands and this deal will help ensure that Red Box Recorders can take full advantage of the growth opportunities that the market offers. The company’s technology is world-leading with some unique features, which should help underpin its increasingly international expansion. ISIS Equity Partners’ experience in the TMT sector and its knowledge and expertise in some of Red Box’s target sectors, such as healthcare and financial services, makes them an ideal investor to help take the company forward and enhance its competitive position in the market.”

Tombstone image for Red Box Recorders has been acquired by ISIS Equity Partners

Key deal contacts

Caroline Belcher

United Kingdom

Partner

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Joe Stelzer

United Kingdom

Managing Partner

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