Congratulations to Radiocoms on completing its MBO backed by Total Capital Partners
GCS is pleased to have supported the management buyout of Radiocoms by Total Capital Partners, providing sell-side Commercial Due Diligence for Radiocoms and top-up buy-side Commercial Due Diligence for Total Capital, supporting both sides of the transaction.
Radiocoms is the UK's leading critical communications provider, specialising in the design, engineering, deployment and maintenance of highly resilient voice, video and data communications networks. The business serves complex, mission-critical environments including defence, emergency services, local and central government, national critical infrastructure providers, airports and energy customers. With £38.7m in turnover and strong double-digit EBITDA margins, Radiocoms has demonstrated rapid and profitable growth, underpinned by continued investment in technical and engineering capability across integrated systems, cellular and satellite networks, security systems and AI-driven command centre software.
Total Capital's investment backs CEO Mark Blythe in a management buyout from two existing shareholders, with a targeted buy-and-build strategy already in place to accelerate growth both organically and through acquisition.
GCS's work spanned the full transaction: on the sell-side, assessing Radiocoms's market leadership position, competitive differentiation and growth outlook to support the sale process; and on the buy-side, providing Total Capital with a top-up commercial assessment to validate the investment thesis and inform their entry.
The GCS team on the transaction was led by Phil Craig.
"Radiocoms has built a clear market leadership position in a sector where demand for complex, resilient communications continues to grow. It was particularly rewarding to support this transaction at both stages, and we look forward to seeing the business execute on its growth ambitions with Total Capital."
— Phil Craig, Partner, GCS
This engagement reflects GCS's depth in technology and managed services businesses operating in regulated and mission-critical sectors, and our ability to add value across the full transaction lifecycle.
