Nuvias Acquires Benelux Distributor DCB

11—07—2017

Nuvias deal signifies strong commitment to further growth in Benelux.
Benelux distributor DCB ready for major growth, following deal with pan-EMEA high value distributor Nuvias.

London and Brussels: 11/7/17: 12.00 BST - Nuvias Group, the pan-EMEA, high value distribution business, today announced the acquisition of Benelux value added distributor DCB. Nuvias already has offices in both The Netherlands (Amsterdam) and Belgium (Brussels), and this move will strengthen and grow its presence in the Benelux region.

DCB is a leading, award-winning distributor with offices in The Netherlands (Veldhoven) and Belgium (Zaventem). The company has more than twenty years’ experience in the industry and is focussed on cyber security, with vendors such as WatchGuard Technologies, Kaspersky Lab, Trustwave and Centrify.

Paul Eccleston, CEO Nuvias Group, said: “DCB is a value-added distributor with a very strong reputation and a large partner base. Its emphasis on service and support, outstanding product knowledge and a commitment to excellence are completely in line with the philosophy and strategy of the Nuvias Group. The DCB product range is fully aligned with the Nuvias Cyber Security Practice, with vendors such as WatchGuard and Kaspersky in common. We will be adding our pan-EMEA security vendors, such as Arbor Networks, Malwarebytes and HID Global to the DCB portfolio.”

With this acquisition, DCB becomes the Nuvias Cyber Security Practice for Benelux and will further strengthen the overall Cyber Security Practice within the Nuvias Group.

Eccleston added: “The Benelux region is very important strategically for us and DCB will become the Cyber Security Practice there, alongside our already established Advanced Networking and Unified Communications Practices. We will be making significant further investments in Benelux in the months ahead, including additional staff.”

Wim Clinckspoor, Managing Partner for DCB, said: “This is a very exciting opportunity for DCB customers, vendor partners and staff. Becoming part of Nuvias, which shares our core beliefs and commitment to technical excellence and high service levels, gives us the resources to grow and develop further in Benelux. It will allow us to take on more high growth vendors looking for pan-EMEA, high value distribution.”

DCB will continue to operate from the same locations, with the same staff and the same management team, led by Managing Partners Wim Clinckspoor and Luk de Dobbeleer.

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Norwich Airport invites comment on masterplan

07—07—2017

Norwich Airport has published a draft masterplan setting out a vision for the airport’s continued growth over the next 30 years.

It explains how the airport can increase its significant contribution to the local economy while improving the experience of passengers and boosting East Anglia’s connectivity for business and leisure at home and abroad.

Passenger numbers exceeded 500,000 for the first time last year since 2008, and could rise to 1.4 million by 2045. Norwich Airport is worth some £70 million to the local economy and this could increase to £170 million in the same period.

The draft masterplan outlines options for how the airport could grow in a sustainable way, and is now available for comment at local council offices and via www.norwichairport.co.uk/masterplan

Richard Pace, Managing Director of Norwich Airport, said: “The masterplan sets out the vision for the future development of Norwich Airport and its continued vital role in supporting our region’s economy.

“As well as projected passenger growth, the aim is to continue to be the transport hub for the offshore oil, gas and renewable industries for the Southern North Sea, and a centre of excellence for the maintenance, repair and overhaul of aircraft, closely linked to the International Aviation Academy Norwich in which we are a founding partner.

“We also address the implications for growth and the need to ensure that it is delivered in an incremental and sustainable way. By continuing to engage with the community we look forward to the airport further enhancing the connectivity and the social and economic fortunes of our region.”

The draft masterplan is open to consultation until 17th August 2017.

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Rigby Group acquires Helen Green Design Studio

05—07—2017

Rigby Group has acquired Helen Green Design Studio (HGD).

HGD was founded in 2002 by the late Helen Green who passed away in 2012. The business has serviced over 400 projects in the last 15 years and brings a team of 19 highly skilled and dedicated designers and architects.

The business will sit alongside Rigby Group’s super-prime real estate developer, Rigby & Rigby, and together they will form the single largest design and development practice in London. HGD is currently working on projects in Russia and Australia and has recently delivered commercial projects for the Berkeley Hotel.

During the coming months, Helen Green Design Studio will re-launch its brand, enhance its showroom and work with Rigby & Rigby to deliver a range of prestigious residential and commercial projects. HGD will re-launch its product range in 2018 and Rigby Group anticipates the growth of both businesses into top 10 international property development brands within the next couple of years.

www.helengreendesign.com

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XLR Executive Jet Centres acquires Corporate Jet centre at Birmingham Airport

05—06—2017

XLR is to significantly expand its operations following the acquisition of the Marshall’s 24/7 corporate aviation facilities at Birmingham Airport.

The executive aviation specialist is now poised for significant growth as it prepares to engage with a range of new markets and opportunities from one of the UK’s busiest executive flight destinations.

The deal, which will see it take possession of the custom built facility with immediate effect, places the company at the heart of a round-the-clock operation with multiple connecting customer flights linking New York, Delhi, UAE, and Qatar.

XLR - part of Rigby Group’s aviation division, which already runs two successful executive jet centres at Exeter and Coventry, earlier this year revealed its intention to expand operations across the UK.

Today’s announcement, which underlines the company’s determination to fuel rapid growth through a blend of acquisition and organic expansion, represents a significant milestone in that strategy.

Rigby Group Founder & Chairman Sir Peter Rigby said: “The establishment of a new XLR Jet Centre at Birmingham Airport marks a huge step forward in our plans for the company, placing its operations at the heart of one of the UK’s busiest and most accessible airports and opening up significant opportunities not only in domestic executive travel, but also in servicing the growing market across Europe, Asia and the Middle East.

“Following our most recent investments in Exeter and Coventry, the Birmingham acquisition leaves us superbly positioned to execute our strategy of leveraging the group’s expertise and commitment to excellence to create a new major player in the corporate aviation market.”

XLR has experienced solid growth over the past 12 months as the market for corporate aircraft has remained firm. The Coventry centre has built a growing reputation as a major alternative to London for transiting private flights, while Exeter’s access to the South West has seen the volume of private jets arriving grow steadily, particularly during the field sports season.

While XLR already services an extensive client list of brokers and operators, individual clients and aircraft owners through its facilities, the addition of Birmingham’s 27,000 sq. ft. heat controlled hangar, multiple large parking ramps, and a 3052m runway capable of taking the giant A380 has boosted its capacity at a stroke.

Chris Beer, XLR Director of Corporate Aviation, added: “While we have already built an excellent reputation within the industry based on an extremely customer-centric focus, this latest acquisition will enable a significant step up in terms of the both the markets we are able to compete in and our operational scale.

“With a prestigious base now fully operational at Birmingham and ready to fly, XLR is ideally positioned to capitalise on Rigby Group’s accelerating expertise across the aviation sector to create a new force in executive jet travel.”

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Elan Spa at Mallory Court due to launch April 2017

15—04—2017

We are delighted to announce the launch of a brand-new Elan Spa at Mallory Court Hotel in Warwickshire in April 2017 – the first new spa to open in the county for over 10 years.

The quintessential English country house hotel is located just outside historic Leamington Spa, well known for its healing waters. The new state-of-the-art Elan Spa at Mallory Court is a perfect combination of countryside chic, glamour and decadence whilst remaining very much in keeping with the hotel’s character and listed status.

The spa sits within Mallory Court’s tranquil 10 acre grounds, surrounded by sheltered woodland. Facilities include an outdoor vitality pool with countryside views, glazed outdoor sauna, Rhassoul mud room, seven treatment rooms, 10m indoor Hydro pool, sauna, steam room and gym. Garden trails and wellbeing/mindfulness retreats are also planned. There are 12 luxurious new spa bedrooms, in addition to the existing 31 bedrooms in the main hotel.

The Elan Spa’s range of spa rituals, body treatments and facials are inspired by nature and will rebalance the mind, body and spirit, bringing a sense of peace and wellbeing. Face and body treatments by ESPA, the luxury natural spa and skincare brand, include a revitalising Skin Radiance Facial (55 minutes - £69). It is also the only spa in Warwickshire to offer Ila, an organic luxury skincare brand, with spa products ethically-sourced from wild-harvested plant and mineral ingredients. Ila treatments include a Dreamtime Journey (115 minutes - £140) for insomnia and restless minds using essential oils from jasmine, lavender and patchouli and the aromatic Himalayan plant, spikenard, which stimulates the immune system. For hands and feet, ORLY’s Hand and Foot Collection includes manicures and pedicures (prices from £25) and also a Men’s express hand and nail or foot tidy (25 minutes - £30).

Says Mary Smith, Group Spa Manager, Eden Hotel Collection: “We are thrilled to be launching a new Elan Spa at Mallory Court in Warwickshire – the first spa to open in the county for 10 years. We will be continuing our successful partnership with ESPA, while also offering an exclusive partnership with Ila for the Warwickshire area, which will enable us to provide an exceptional choice of spa treatments to our guests.”

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SCC Named Outsourcing Company of the Year at 2017 PIN Awards

05—04—2017

Less than a week after winning the top award for Best Managed Service Desk at the Service Desk Institute (SDI) Awards, SCC is once again celebrating after being named Outsourcing Company of the Year at the Regional IT and Outsourcing Industry (aka PIN) Awards.

This marks the second year in a row SCC has won this title in recognition of the range and expertise of its evolving service centre and service desk facilities.

SCC outperformed the competition once again by demonstrating its commitment to continuous development, through a number of key investments in technology; people; and the community. SCC was also commended for the wide range of rigorous accreditations it holds, as well as the key partnerships it has formed in order to drive regional development in Romania.

Adina Tapalaga, Director General of SCC’s Romanian Service Centre, said: “We are delighted to have won this award for the second year in a row. The IT and outsourcing scene in Iasi is becoming increasingly competitive with more big players entering the space, so we are proud to maintain our leadership of the sector.”

In order to continually improve its industry-leading service levels and customer satisfaction, SCC has made significant investments in telephone support and operational systems. SCC was also noted for its dedication to employee development through the use of its internal training program – the SCC Academy.

Having operated in Romania for over a decade, SCC has since opened three International Service Centres across Iasi and Bacau. Each of these sites complement SCC’s Service Innovation Centre based in the UK.

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SCC Welcomes Secretary of State for Vietnam Expansion

28—02—2017

Vietnam ExpansionSCC, Europe’s biggest privately-owned IT services business, officially marked its expansion into Vietnam by welcoming Secretary of State for International Trade, the Rt Hon Liam Fox MP to open its new Global Delivery Centre in Ho Chi Minh City.

Mr Fox joined SCC founder Sir Peter Rigby, as well as current CEO James Rigby, in officially unveiling the brand new office which will act as the company’s second Global Delivery Centre (GDC) following Romania which is now home to more than 1000 employees.

Also attending the event were Giles Lever, British Ambassador to Vietnam, Ian Gibbons, Consul General Ho Chi Minh City and Director for the Department for International Trade Vietnam as well as Peter Rimmer, Executive Director, British Business Group Vietnam (BBGV). All these organisations have supported SCC’s expansion plans in the region.

SCC is headquartered in Birmingham and part of the family-owned Rigby Group which encompasses interests in technology, airports, hotels, real estate, financial services and aviation. It has targeted expansion in Vietnam to build on its already successful operations in the UK, France, Romania and Spain.

The idea is that the business in Vietnam, which starts with 45 people, will specifically support SCC customers in two areas. Firstly, it will provide Level 3 and 4 infrastructure technical support to customers’ server, storage and network environments. Additionally, it will be home to a Software Development Centre allowing SCC to accelerate the development of owned applications. The time difference between Vietnam and SCC’s European offices will also allow greater capacity for 24/7 customer support.

James Rigby, SCC CEO, said: “The opening of our second Global Delivery Centre is another important strategic milestone for the business and underlines our credentials as an international company with scale. Vietnam is an ideal location for our customer services due to its high quality education system, over 300 IT-only universities and a high standard of English. We have selected local Vietnamese people for all our management positions and trained them all in the UK.”

Sir Peter Rigby, founder and chairman of the Rigby Group, said: “We would especially like to thank the Secretary of State for International Trade Liam Fox for endorsing our international expansion into Vietnam and joining us to officially open our new office. We would also like to thank the British Ambassador, the Consul General Ho Chi Minh City, the Department for International Trade Vietnam as well as British Business Group Vietnam all of which have played key roles in helping us develop our business in Vietnam.”

Secretary of State for International Trade, the Rt Hon Liam Fox MP, said: “We know there’s global demand for British expertise and skills and my department wants to do all it can to help UK companies grow and build their presence abroad. Vietnam is a fast-growing region with great trade and investment potential for UK businesses and SCC is a great example of a business taking advantage of the opportunities to put in place ambitious expansion plans.”

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Fluidata & One Point combine to create leading edge data connectivity services

13—10—2016

Rigby Group has announced that its mobility specialist One Point and data delivery business Fluidata are to combine their services, creating an end-to-end connectivity offering poised to make a significant impact upon a UK marketplace where demand for data services continues to rise at an exponential rate.

As FluidOne, the combined service will provide an innovative and comprehensive approach to a fixed and mobile connectivity market set for rapid and continued growth, providing mid-range enterprises with a through the line solution to the challenge of transporting, protecting and maintaining data across multiple teams and locations.

The deal will see the combined entity significantly increase its scale and footprint at a stroke, with the business now targeting future expansion to grow annuity services to £50 million.

Steve Rigby, Chief Operating Officer of Rigby Group, said: “Fluidata and One Point are a natural fit. They are both innovative, award-winning companies with a progressive approach and clear vision for the future, and as FluidOne, we anticipate they will offer a combined strength and expertise capable of powering significant growth in an increasingly important sector.

“Data is fast becoming the 4th utility. It is the lifeblood of the 21st Century economy, and we believe that by offering an unrivalled set of capabilities underpinning its efficient & cost effective delivery will rapidly create major opportunities across the UK economy and beyond.”

Rigby Group invested in Fluidata in June 2015 to boost its capabilities in innovative high speed data connectivity solutions to the corporate, industry and public sectors.

The company subsequently took a controlling stake in One Point in December 2015, adding mobile voice and data capability to complete its managed service offering.

Now, a combination of Fluidata’s award-winning Layer-2 and Layer-3 delivery capabilities - combined with One Point’s simplified delivery of mobile voice and data services - will allow the strategic partnership to offer an end-to-end set of gold-standard technologies to the data telecoms market.

John Taylor, Executive Director at Rigby Group Investments, added: “The FluidOne launch represents the latest milestone in an ongoing data services strategy, underlining our determination to offer greater flexibility and value to our customers and the wider market and providing a stable foundation for the group’s evolving Data Telecoms operations.”

About Rigby Group

Rigby Group plc is the parent company for a portfolio of family-owned and highly successful businesses operating across Europe, the Middle East and North Africa. Diversifying from its origins as a principally technology-led business, Rigby Group plc has evolved across the last 40 years - through smart, strategic acquisitions - into a £1.8Bn British success story with 7,500 employees.

Rigby Group comprises six key divisions: Aviation (British International Helicopters and Capital Air Ambulance), Technology (SCC – Europe’s largest independent IT services business), Airports (Regional & City Airports, Norwich Airport, Exeter Airport and Coventry Airport), Hotels (the Eden Hotel Collection), Real Estate (Rigby & Rigby super prime property development, Rigby Group Real Estate and Imperial Park, Coventry) and Finance (Rigby Private Equity, Rigby Investments and Rigby Capital).

With two generations of the Rigby family at the helm, Rigby Group has built a distinguished reputation as both an investor and business operator; renowned for its independent thinking, seamless execution and a peerless approach to acquiring and nurturing businesses to unleash their potential. Our target, within the next decade, is to double the achievements of the past 40 years - creating a £4Bn business by 2025 that will make Rigby Group, arguably, the most successful wholly-owned family business the UK has ever produced.

About Fluidata

Fluidata pioneers innovative, high-speed Internet services, including an award-winning Service Exchange Platform that provides Layer-2 access to a wide range of Tier-1 connectivity carriers across the UK and Europe. Fluidata is an independent telecommunications carrier, and so it not tied into relationships with single suppliers. This enables it to create bespoke solutions with increased flexibility that directly targets the needs of each individual client.

About One Point

One Point’s vision to deliver world voice and data solutions, and is now one of the leading providers in the market. As leading experts in the industry, we believe we’re much more than a service provider - we have the expertise, experience and thought leadership to deliver not only the right solution for businesses but also offer greater industry insight. Working hard to deliver a second-to-none service, we are proud of the vast array of clients in our portfolio. What’s unique about us here at One Point is that we help understand your issues and work collaboratively with platforms and partners to ensure you have the right solution for your voice and data needs.

Contact

Judy Groves, Marketing Director, Rigby Group
E judy@rigbygroupplc.com
T 07850 622488


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Revenues and profits climb as Rigby Group positioned for major growth

10—10—2016

Monday, October 10th, 2016: Rigby Group (RG) plc, the parent company for a portfolio of family-owned and highly successful businesses operating across Europe and the Middle East., has published its final results for the year to 31 March 2016.

The Group - which comprises six core divisions covering technology, airports, hotels, real estate, financial services and aviation - announced an increase in revenues of £1.79bn up 10.8% on the previous year. Group EBITDA rose to £54.4m, up 47.6%. Profit before tax rose 23.5% to £22.3m compared with the previous 12 months.

The Group, which was formed 41 years ago by Sir Peter Rigby and is run by him with his sons Steven and James, is on course to double in size by 2025, creating a £1bn market value diversified business. This would make it one of the most successful wholly-owned family businesses the UK has ever produced.

Rigby Group Highlights

• Consolidated revenues from continuing operations up by 10.8% to £1.79bn (2015: £1.61bn);

• EBITDA (before exceptional items) for the continuing operations up 47.6% to £54.4m (2015: £36.8m);

• Group pre-tax profit of continuing operations, before exceptional items, of £22.9m (2015: £20.9m);

• Group total pre-tax profit of £22.3m (2015: £18.1), an increase of 23.5%;

• Consolidated net assets of£282.3m (2015: £257.2m);

• Year-end net cash (cash less debt plus current asset investments) of £62.1m (2015: £116.0m);

• Gross cash at year end was £109.5m (2015: £135.7m);

• Current asset investments at year end of £44.3m (2015: £59.0m);

The group continues to be active from a merger and acquisitions markets across its portfolio interests, with five acquisitions completed in the year and three post year end.

Sir Peter Rigby, Founder and CEO of the Rigby Group, said: “With two generations of the family at the helm, Rigby Group has built a distinguished reputation as both an investor and business operator; renowned for its independent thinking, seamless execution and a peerless approach to acquiring and nurturing businesses to unleash their potential. This approach has underpinned the success of the Group today as shown in these results.”

Steven Rigby, Group Chief Operating Officer, said: “The hard work of the last three years is now paying off. We no longer have a single business but a capable Group, which in time will transform into one of the UK’s most profitable private companies.

“We have exciting new divisions set to transform the landscape of the Group and it is clear in time that the business will have a number of material £100m plus value divisions. 2016 marks the Rigby Group’s transformation from an organisation focused almost entirely on technology services to a diverse vibrant group showing profitable growth across each of its divisions.”

Technology - SCC

SCC EMEA Group

• SCC EMEA generated revenues of £1.55bn (2015: £1.56bn), with EBITDA for the continuing operations down 5.1% at £32.8m (2015: £34.6m);

• SCC EMEA has made significant progress on its continued transition to a managed service and solutions led business.

• SCC Vietnam launched in 2016, based in Ho Chi Minh City, delivering two main activities: providing level 3&4 infrastructure support to customers, and the creation of an Offshore Development Centre to accelerate the development of custom applications.

• Operations of SCD Morocco terminated during the year.

SCC UK (combined Specialist Computer Centres plc and M2 Digital Limited)

• SCC UK 2016 revenue £653m, down 1%, low margin product revenues down by £35m, largely compensated by £22m of higher margin services revenues;

• Total Services revenues reached £177m, up 11% and accounting for 27% of total UK revenues (17% in 2013);

• Data Centre Services (DCS) revenues up 67% to £43m;

• EBITDA up 29% to £24.9m;

• Share of margins from Services up to 66% of overall margins (2015: 63%, 2013: 52%);

• Total investment in Cloud Delivered Managed Services (CDMS) across Rigby Group exceeds £60m;

• Continued investment in Data Centre, with two major Data Centre expansion projects underway in Birmingham and Fareham, increasing capacity to 3,000 racks (up 300% over the last three years)

• Key DCS wins include Konica Minolta, Next, Clarke Wilmott, Ince & Co, Arnold Clarke, and NHS Blood and Transplant;

• Annualised DCS Revenues of£52m at year end, up 51% from 2015, and of which 80% is repeatable revenues, underpinning SCC’s strategy for annuity revenues and continued profitability;

• Sentinel by SCC (SCC’s secure multi-tenanted cloud platform) revenues up 120% to £8m (2015:£3.6m). Key wins included Sodexo, Oxford City Council and Department for Works and Pensions;

• M2, Europe’s leading Managed Print Service (MPS) business and SCC MPS revenues up 21% to £46m, delivering EBITDA of £4.8m, up 48%;

• M2 employs over 230 staff, has 24,000 devices under management and has expanded its regional office network in the UK to 7 offices, including a dedicated public sector division;

• In April 2016, launched Universal Cloud Gateway service, a cloud brokerage portal enabling customers to easily procure both public and SCC cloud solutions.

SCC France

• SCC France recorded an EBITDA performance at €13.3m;

• Overall revenue in France closed on €1.1bn, an increase of 10%;

• Flowline acquired in April 2016, a data centre infrastructure and services business with a presence in Paris and Lyon, as part of the group’s strategy to develop its service business in France.

• One of the 5 largest British businesses, and one of the top 10 infrastructure providers in France, with over 2,000 employees based in 23 locations.

SCC Spain

• SCC Spain grew turnover by 5% to €64m;

• Services turnover increased by 7%;

• Underlying EBITDA of €0.3m achieved in the year;

• 150 staff operating from 6 locations

SCC Romania

• SCC Romania grew revenues by 28% to €15m;

• Underlying EBITDA of €0.6m achieved in the year;

• Over 1,000 employees based in 3 locations, as Global Delivery Centre to the group and its customers;

• Named Outsourcing Company of the Year at prestigious Regional IT and Outsourcing Awards (PIN 2016), and SSC Company of the Year at Romanian Outsourcing Awards for Excellence.

Airports – Regional & City Airports

• Airports division handled 170,000 flights and processed 1.6m passengers through three owned airports (Exeter International Airport, Norwich International Airport, Coventry Airport) and three managed airports (Blackpool airport, City of Derry Airport and Solent Airport Daedalus);

• Total airport revenues reduced marginally (0.8%) to £34.5m;

• Passenger numbers up 3% and 2% at Exeter and Norwich Airports respectively;

• EBITDA, excluding exceptional items, increased by 36.3% to £5.6m compared to a £4.1m in 2015.

• New routes introduced at Exeter and Norwich

Hotels – Eden Hotel Collection

• Hotel division owns or operates eight luxury hotels in the Midlands and South West, with total of 242 bedrooms and 22 three bedroom lodges;

• AA Hospitality Awards’ Small Hotel Group of the Year in 2014-2015;

• Tides Reach hotel acquired in January 2014 to be redeveloped, sold in March 2016;

• Over 67,000 room nights sold in 2016, with revenues up by 14.9% to £17.4m;

• EBITDA up by 264.4% £1.7m (2015: £0.5m), including £1.1m gain on disposal of Tides Reach. EBITDA Up 18.4% excluding Tides Reach gain.

• Brockencote Hall awarded Gold Award in Visit England: Awards for Excellence – Small Hotel of the Year in May 2015, Mallory Court awarded Bronze;

• Refurbishment of ground floor, Elan Spa and some bedrooms at Bovey Castle completed during the year;

• New Elan Spa, with 12 additional bedrooms, being developed at Mallory Court Hotel at a total cost of £6.5m, scheduled for completion during the first quarter of 2017;

• Planning permission granted for additional bedrooms at Greenway Hotel & Spa and new function room, Elan Spa and additional bedrooms at Brockencote Hall Hotel.

Real Estate

• The real estate division continues to develop its two core businesses: super prime London residential development (via Rigby & Rigby); and commercial property development;

• Award winning Rigby & Rigby continues to have a strong market presence in London;

• New development brand, Imperial Park, launched in the year and first development underway, a £50.6m Gross Development Value (GDV) development of three warehouses totalling 575,000 ft2 on a 30 acre site next to Coventry Airport;

• Total revenues up 21.4% to £15.4m (2015: £12.7m);

• EBITDA up 972.7% to £12.6m (2015: £1.2m), including net fair value gains of £11.8m on investment properties;

• Profit before tax of £12.1m (2015: £0.7m);

• Post year end, planning permission granted to develop Whitley South Technology Campus to the north of Coventry Airport.

Financial Services

• Rigby Capital commenced actively trading in the UK during the year, generating £21.6m of revenues from lease activations in the 10 month period since May 2015, and breaking even for the year (2015: EBITDA loss of £0.4m);

• Rigby Capital closed the financial year with a pipeline of £120m+ leasing value;

• Rigby Private Equity made its first acquisitions of Wick Hill Group in July 2015, and Zycko Group in December 2015, which were included in the newly branded Nuvias Group;

• Nuvias Group generated revenues of £133.0m (2015: £Nil), and EBITDA of £1.9m (2015: loss of £0.3m);

• Rigby Technology Investments (“RTI”) commenced operations with acquisition of 51% of Fluidata in April 2015, 60% of One Point in August 2015 and 25% of Sip Communications in August 2015;

• RTI development focussed on Cloud, Data and Voice with integrated mobile, hosted PBX and SIP propositions utilising common shared service infrastructures;

• RTI generated revenues of £19.3m (2015: £Nil) and EBITDA of £1.7m (2015: £Nil);

• Investment portfolio incurred loss before tax of £4.0m (2015: profit before tax of £6.1m) due to the well-publicised market turmoil during the year. Investments of £44.7m (2015: £59.0m) held at year end, and investment returns post year end have improved as global markets recover.

Aviation – British International Helicopters

• Air medical operations rebranded “Capital Air Ambulance” during the year;

• Major contract started on 1 April 2016 to provide combined Search and Rescue (“SAR”) and Support Helicopter Services in the Falklands for 10 years. The contract, serviced by BIH together with AAR Airlift and Air Rescue Services has a total contract value of £180m;

• Division restructured to reduce reliance on general aviation and increase reliance on services underpinned by long term contracts, resulting in closure of Redhill facilities during the year;

• Fleet expanded by the acquisitions of Lear 45 jet and Cessna Citation XLS+;

• Revenues generated of £16.1m (2015: £13.6m), an increase of 18.4%;

• EBITDA of £0.7m, up 35.6% on prior year (2015: £0.5m);


Rigby Group article - The Telegraph


ENDS

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Nuvias acquires SIPHON Networks

04—10—2016

SIPHON Networks set to expand in UK and across EMEA

London, England: 4th October 2016: 13.00 hrs BST - Nuvias Group, the pan-EMEA, high value distribution business, today announced the acquisition of SIPHON Networks, a leading unified communications (UC) solutions and technology integrator for the channel. The deal will see Nuvias making a significant investment in SIPHON to accelerate the integrator’s expansion, both in the UK and across EMEA.

Paul Eccleston, CEO Nuvias Group, said: “SIPHON is a great business with an exceptional reputation in the UC market. Its focus on high level service and solutions capabilities for the channel is perfectly aligned with the Nuvias Group philosophy and strategy. SIPHON is also highly complementary to the cyber security, advanced networking and UC capabilities of Wick Hill and Zycko, the existing businesses in the Group.

SIPHON will continue to operate from the same location, with the same staff and the same management team, led by Steve Harris, who will remain as managing director. “We will protect what has already been built by SIPHON,” added Eccleston. “We will enhance it through the other capabilities in the Nuvias Group, and we will expand it, taking it across EMEA.”

Steve Harris, managing director for SIPHON Networks, said: “This is a great opportunity for SIPHON staff, vendor partners and customers. It enables us to accelerate our growth plans and expand geographically in the UK and EMEA, as part of a much larger organisation, which shares our core beliefs and dedication to high service levels, and has the resources to help us realise our goals.”

About Nuvias Group
Nuvias Group is the pan-EMEA, high value distribution business being built by Rigby Private Equity (RPE) to redefine international, specialist value distribution in IT. The Group provides a common proposition and consistent delivery across EMEA, allowing channel and vendor communities to deliver exceptional business value to customers, and enabling new standards of channel success.

The Group today consists of Wick Hill, an award-winning, value-added distributor with a strong specialisation in security; Zycko, an award-winning, specialist EMEA distributor, with a focus on advanced networking; and SIPHON Networks, an award-winning UC solutions and technology integrator for the channel. All three companies have proven experience at providing innovative technology solutions from world-class vendors, and delivering market growth for vendor partners and customers. The Group has seventeen regional offices across EMEA, as well as serving additional countries through those offices. Turnover is in excess of US$ 330 million.

About SIPHON
Headquartered in the UK, SIPHON Networks Ltd. (SIPHON) is a leading, international unified communications (UC) solutions and technology integrator for channel partners who want to deploy either cloud-based or premise-based UC technology, solutions and services. The award-winning* company was established in 2009 as a systems integrator to support service providers launching innovative cloud telephony services, by deploying carefully selected products to create a single, integrated and centralised platform.

Through its work with service providers and resellers across Europe, SIPHON has honed a unique skillset around its professional and technical support services, growing from strong niche UC distributor to trusted technology-enablement partner to many of the industry’s key UC players. SIPHON is now at the forefront of UC innovation, supporting channel partners who want to deliver a full UC experience to their customers. This includes Microsoft Lync/Skype for Business, as well as a suite of video and collaboration solutions.

*In autumn 2015, SIPHON was ranked 23rd fastest growing technology company in the UK and one of the fastest growing technology companies in EMEA by Deloitte. In January 2016, SIPHON was named Polycom’s Circle of Excellence Partner of the Year, EMEA - West

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