Chief Financial Officer
Blancco Technology Group plc is a leading global provider of secure data erasure solutions. Blancco were listed on the London Stock Exchange AIM market until being acquired by Francisco Partners in Q4 2023. The value of the company was £50m when I joined in July 2018 and was eventually sold for £175m in 2023. My experience largely revolves around public markets and I took the decision to resign from the role when the acquisition completed and the company went private. I left in December 2023 following a brief handover to my successor.In my role as CFO, I worked closely with the CEO on the strategy for the growth of the company.I joined the company in July 2018 to form part of a new management team with the market capitalisation of the company at c £50m. In the subsequent five years, the company grew revenue from c £27m to almost £50m and grew EBITDA from £5.5m (FY18) to c £12m (FY23).I worked closely with the Board and specifically the CEO on the strategic direction of the company. The business was a complex organisation with operations in 15 countries and customers in over 70 countries. I also took a lead role in the investor relations of the company working closely with our advisors and regular communication with shareholders. I also led M&A activity including the identification of targets, negotiations on terms and associated due diligence.The data erasure solutions offered by the company enable customers to recycle or repurpose IT equipment. This led to Blancco having very strong ESG initiatives which I led and resulted in a number of awards in recognition of those efforts.