QX Global Group is a leading provider of business process management (BPM) services. It specialises in business and digital transformation, BPM, and consulting services within the accounting, recruitment, real estate, manufacturing, public sector, higher education, healthcare, CPG, retail, and utilities sectors. With over 3,000 staff operating across 18 countries, QX saw revenue grow by approximately 30% over the past 12 months. Long Ridge’s £100 million+ investment will help support further platform development and global expansion.
QX spent over a year considering the attributes of potential investment partners. Ultimately, the QX leadership team hand-picked Long Ridge because of their experience in the tech-enabled services industry and excellent track record of partnering with fast-growing, high-potential businesses like QX.
Pom Chakravarti, who previously served as QX’s Chief Strategy Officer, assumes the role of Group CEO, and Abidali Neemuchwala, an advisor on Long Ridge’s Executive Council, joins as Chairman. Founder and Executive Chairman Chris Robinson has stepped down from the Board after leading the business for the past 20 years.
“Harry Knight, Corporate Finance Director at Corbett Keeling, commented: “We’ve had the privilege of partnering with QX for the past five years, supporting them through their acquisition of Chazey Partners in 2021, and now guiding them to a successful conclusion with Long Ridge. Completing this £100 million+ deal marks a significant milestone for QX, and we take immense pride in having played a key role in bringing their partnership with Long Ridge to fruition over the past year. The growth potential, as validated by EY, is tremendous. It’s no wonder that QX attracted significant interest from investors from the very beginning.”