Boom secures Growthdeck investment

Wholesale cloud comms provider Boom's ultra ambitious revenue target has received an investment boost from PE firm Growthdeck. 

SME-focused Boom forecasts four year revenue growth of 120%, building on its projected £1m this year with an expected gross profit margin of 69%. 

Turnover is forecast to increase to £23.7m at a margin of 73% by 2023, with growth driven in the main by channel partners.

The experienced management team at Boom includes founder Martin Boiles, CEO Nick Birtwistle, COO/CTO Simon Slater-Thomas and Chairman Clive Sawkins.

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