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There’s exciting news for previous TechMarketView Little British Battler, IEG4, which will enable it to accelerate investment and continue its strong growth story (see IEG4 thrives in local government).
The UK headquartered company, which focuses on offering digital solutions to enable better and more streamlined services in the public sector, has secured a minority (30%) investment from mid-market private equity firm, LDC.
IEG4 has continued to grow strongly of late. In its current financial year (to end March 2022) it has, once again, been tracking against a revenue growth rate of between 25% and 30%, by expanding existing accounts (selling more products) and adding new logos (with the sales into councils increasing in size and scope).
TechMarketView subscribers can read more about IEG4’s current position, its strategy, and its plans to use the investment for both acquisitive and organic growth in our UKHotViewsExtra - IEG4 secures LDC investment to scale the business.
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Posted by Georgina O'Toole at '09:06' - Tagged: localgovernment funding investment software health public+sector
