InterFinancial sources buyers for BPO, Beepo

25.2.2020

InterFinancial, through its IP focused division IFL Ventures, has advised business process outsourcing (BPO) company, Beepo on its sale to Probe Group, the Melbourne-headquartered BPO business backed by the private equity firm Five V Capital.

Beepo, is a QLD-based company with a workforce of over 400 staff in Clark, Philippines. The company’s customer base includes small- to medium-sized clients in Australia with a focus on staff leasing. Beepo was founded by marketing expert and entrepreneur, Aimee Engelmann who started the business in 2014.

Probe Group is a large BPO operator with close to 5,000 seats across Australia, New Zealand and the Philippines, with offerings including; client services, debt collections, processing and field services.

Five V Capital acquired Probe in early 2018 and has since been looking out for further investment opportunities in the Australian BPO sector. Beepo’s experience in providing knowledge-based staff hire solutions, the ‘know-how’ and processes it has built up over the past few years, combined with its existing client base, were considered a valuable package solution which will add value to Probe’s operations by the investor. The now ex-CEO of Beepo and the CEO of Probe considered the acquisition a great strategic fit for the future of both companies.

InterFinancial represented Beepo throughout the sale process, from preparing the information memorandum, marketing, to managing the due diligence process, assisting with the SSA negotiation and completion. InterFinancial helped the shareholders realize a strong exit value and structured a clean exit.

The transaction value is undisclosed.

“Exiting a business after 6 years is not a decision that is made lightly. After an extensive search process, I began working with IFL Ventures to seek potential acquirers for my company. I could not imagine going through the process end to end without the focus, advice, hard work, and support of the IFL team. From the beginning stages of seeking potential interest, right through to the conclusion of the transaction, the IFL team were with me 100%. I found their advice to be exceptional, I was super impressed by the number of interested parties that they qualified. They negotiated well and ensured specific goals were met. The IFL team worked under extremely tight time frames for the transaction and they consistently went over and above to meet the end goal. The result was win-win on both sides, with the acquirer being a perfect fit. I have no hesitation in recommending IFL Ventures.”

Aimee Engelmann – Founder and CEO – Beepo

20.3.2020

How can InterFinancial help you during the COVID-19 Outbreak?

Given the spread of COVID-19 and rapidly changing environment, we understand that most plans have gone out the window and uncertainty abounds for many. The economic effect of the pandemic underscores the need for businesses to be prepared, resilient and agile for the coming months. Many sector leaders are proactively adjusting their strategic plans and […]

Read more
19.3.2020

Sector Dashboards March 2020

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
18.3.2020

InterFinancial COVID-19 Update

InterFinancial have taken active steps to ensure the safety, health and well-being of our people, clients and wider community. We are implementing new workforce policies at InterFinancial to help “flatten the curve” of COVID-19 and accordingly we have moved to work from home arrangements for all our staff. To the best of our knowledge, no […]

Read more
16.3.2020

Yamada Consulting Group & Clairfield International announce their partnership

Clairfield International, a top-ranked corporate finance partnership, and Yamada Consulting Group, a publicly-listed consulting and M&A advisory firm on the Tokyo stock exchange, are pleased to announce a partnership in crossborder mergers & acquisitions. With this agreement, Yamada will become the gateway for Clairfield clients into Japan, and Clairfield will provide Yamada with access to […]

Read more
25.2.2020

InterFinancial sources buyers for BPO, Beepo

InterFinancial, through its IP focused division IFL Ventures, has advised business process outsourcing (BPO) company, Beepo on its sale to Probe Group, the Melbourne-headquartered BPO business backed by the private equity firm Five V Capital. Beepo, is a QLD-based company with a workforce of over 400 staff in Clark, Philippines. The company’s customer base includes […]

Read more
25.2.2020

Sector Dashboards February 2020

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
24.1.2020

Welcome Brent & Lachlan

We are delighted to formally announce the addition of Brent Wall (Associate Director) and Lachlan O’Rourke (Analyst) to the InterFinancial team.  Brent has joined the team full time after working as a Consultant for IFL in 2019, and was instrumental in the recently announced National Veterinary Care transaction. Brent has over 20 years of experience in […]

Read more
22.1.2020

Sector Dashboards January 2020

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more
22.1.2020

M&A 101 – back to basics

Being a new year, we thought it would be timely to provide a refresher on some key M&A concepts. Of course, there are a long list of things that go into making a successful transaction, but the following are some of the most important tips from our team to consider before entering a transaction process. […]

Read more
17.12.2019

Sector Dashboards December 2019

Our monthly dashboards cover seven key sectors of focus, with each sector built up by several subsectors that cover similar companies based on; products, end markets, services, assets classes or other characteristics. The publications include all companies listed on the Australian Stock Exchange that are actively traded and covered by research analysts, and hence have […]

Read more