back to article CEO of comms tech biz Daisy splits as sale and IPO talks off the table

Hot on the heels of the latest acquisitions, Daisy Group CEO Neil Muller has told employees he is exiting as the business, which had been in the frame to IPO or sell up, initiates a refinancing deal. Muller broke the news of his departure from Daisy, which sells tech-cum-comms kit and services to small and medium-sized orgs in …

  1. Anonymous Coward
    Anonymous Coward

    "Numerous sources told us Daisy had been locked in talks with Bain Capital about selling the business."

    Wait a minute, wasn't 2e2 a Bain Capital venture, which failed, and was bought out by Daisy?

    1. Anonymous Coward
      Anonymous Coward

      I think it was Duke Street, Hutton Collins and a couple of other VCs invested in 2e2. Daisy only bought a small bit of the 2e2 pie.

      1. Salestard

        A fair chunk of what was left* of 2e2 went to O2 (who had bafflingly decided to partner with them for non-mobe stuff).

        *which was basically nothing bar a load of salespeople

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