15/07/2019
SENSEI ANNOUNCE ACQUISITION BY BLACKHAWK CAPITAL AND NEW APPOINTMENTS TO THE BOARD
It is announced today that Blackhawk Capital has acquired a majority stake in SENSEi Networks Ltd, the IOT solution provider. In addition, Alan Watkins and Kevin Lewis will join the board of SENSEi to represent Blackhawks interest in the Company.
Alan Watkins is co-founder and Chairman of Blackhawk Capital, a private equity boutique focussing on buy and build strategies within telecommunications, media and technology sectors. Alan brings his extensive experience in the IT industry as CEO and Chairman of many established and start-up companies, most notably as the founder of Cisco Systems in the UK which he built from a standing start to over £300m revenue. He became Chairman of CSI, after its acquisition by MML in 2017.
Kevin Lewis is also a co-founder and Director of Blackhawk Capital. Kevin has significant experience in the IT industry, specialising in mergers and acquisitions. After Blackhawks acquisition of CSI Limited in 2007, Kevin became the Chief Financial Officer and was responsible for the Company’s strong growth through an aggressive acquisition strategy. He also sits on the Board of CSI as a Non-Executive Director and is Chairman of the Audit Committee.
SENSEi provides an end-to-end, enterprise grade IoT solution that combines a proprietary, state of the art cloud analytics platform, multi-platform interfaces and always-on hardware enabling business, enterprise and public sector organisations to track, monitor, analyse and respond to a multitude of remote assets and their associated contextual data in real-time without need for human interaction.
SENSEi has been attracting the attention of multiple blue-chip organisations culminating in an ever-growing list of high-profile customers and channel partners including BT and Virgin Media Business, who are leveraging its benefits to disrupt markets and solve real world business challenges.
Damon Thomas, CEO said that he was “delighted to welcome Alan and Kevin to the board”.
“We believe that the combination of SENSEi’s market leading IoT capabilities and strong executive management team, together with Kevin and Alan’s extensive insight, expertise and experience within the technology sector will be a powerful force and we look forward to the next chapter in the company’s growth’.
For further information please contact
Damon Thomas CEO
01489 883251
[email protected]