LONDON, July 31, 2015 /PRNewswire/ --
Zouk Capital today announces it has made an investment into ip.access, a leading provider of small cell solutions to blue chip customers worldwide. The investment will be used to fund the growth of the business and to accelerate development of ip.access' next generation 2G/3G/4G multi-mode small cell products.
Malcolm Gordon, an experienced telecom industry executive, joins as CEO. Malcolm was most recently COO of IPWireless and CEO of General Dynamics Broadband.
Samer Salty and Andrew Whiting of Zouk Capital will join the board and support the management team in taking the company to the next level.
Samer Salty comments: "We are excited about the future for ip.access and believe that as a technology leader, the company is ideally placed to take advantage of the exponential growth in mobile data usage globally. We are delighted to welcome Malcolm on board as CEO."
Malcolm Gordon, CEO of ip.access, said: "The market is at the inflection point driven by the significant increase in mobile data traffic. Small cells will play an increasingly important role in the mobile network infrastructure going forward and we believe that ip.access is poised to have significant influence in these developments. I am excited to be heading up ip.access and delivering market leading solutions to our customers."
Headquartered in the United Kingdom, ip.access has been creating and deploying small cell solutions for more than ten years. The company has products and solutions live in over 100 customers' networks around the world, with the capability to accelerate the introduction of additional small cell solutions into those networks irrespective of use case, technology or deployment model.
The company's success is built upon its ability to provide its Service Provider customers with a range of small cell coverage, capacity and presence solutions across all technologies (2G, 3G, and 4G), with a focus on a rapid return on investment and the ability to open up new markets and revenue streams.
The company has an end-to-end deployment philosophy that integrates the small cell access points with converged access gateways and comprehensive network management and performance tools; as well as a strong track record of working with trusted partners on integrated solutions.
About Zouk Capital
Zouk Capital is a private equity and infrastructure fund manager investing in the clean economy. Zouk's distinctive dual-track strategy of Growth Capital and Infrastructure capitalises on the investment opportunities created by the global shift to greater resource efficiency. Zouk's Growth Capital funds invest in companies that enable a more intelligent use of resources across sectors such as IT and communications management, industrial goods and services, energy and transport and logistics. Our Infrastructure investment funds finance the construction of new high-yielding assets, by acquiring, developing and funding infrastructure projects during the late-stage of development and investing across a broad range of renewable energy and environmental sectors, including distributed energy, energy efficiency, storage, waste to energy and geothermal. Zouk has invested in the clean economy since 2000 and is one of the largest fund managers of its strategy in Europe. Zouk has €600m under management and is based in London. http://www.zouk.com
About Malcolm Gordon
Malcolm, Chief Executive Officer, joined ip.access with 29 years' experience in telecommunications. He has held senior management roles at Alcatel Lucent (14 years of service concluding as Business Development Director for wireless in EMEA), IPWireless (COO and board member) and most recently General Dynamics Broadband (CEO). Since 1992, he has held key development roles for both GSM and WCDMA fixed wireless products. Malcolm has worked in both the UK and the United States. He earned an honours degree in computer science from Heriot-Watt University, Scotland.