Mettoni was a provider of unified communications software.
Mettoni Group plc was an AIM listed company that became financially distressed at the height of the dot com crisis that followed the technology sector crash in 2001. Root Capital worked with Mettoni’s management and other investors to acquire the most successful division from the parent through a pre-packaged administration.
We turned the business around rapidly, increasing profitability and returning Mettoni to growth. We then invested significantly in further product development and strategic bolt-on acquisitions.
We sold Mettoni to a larger telecoms group. The eventual sale, when combined with dividend payments along the way, gave investors an overall return greater than 10x.
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Root Capital LLP, a limited liability partnership incorporated in England with Partnership No. OC303937, authorised and regulated by the Financial Conduct Authority. Firm reference number – 223785