Date of investment:



Business Services

Buy & Build:

7 completed acquisitions 

“A proven track record in backing acquisitive companies in fragmented markets made Horizon Capital an ideal partner for our business. Their impressive sector knowledge has played a vital role in helping us satisfy our long term ambitions.”

Simon DaveyCEO, DMC


DMC Canotec is a leading provider of document solutions, managed IT, and cloud communications to organisations across the UK, helping to build innovative and bespoke digital workplace solutions and improve efficiency, performance and security. 

The business operates in a fragmented and growing sector sized at £1.7bn with over 600 independent operators in the UK alone. Horizon Capital worked closely with management to develop a strategy to consolidate the sector with origination capability, M&A support, and capital to become the leading independent operator.

The Journey so far

Horizon Capital has taken DMC on a transformative buy and build journey. Over the last two years, the business has made seven strategic acquisitions and has now realised its ambition of becoming the leading independent national operator. Revenues and EBITDA have more than tripled with staff numbers growing over 100%. Having grown from serving 2,000 customers at the time of the initial investment, the business now has deep, long standing relationships with over 11,000 predominantly SME customers. 

In addition to M&A support, we have also invested in the Group’s infrastructure with upgraded ERP, CRM, accounting and collaboration tools to build a robust platform for continued organic and M&A led growth.

Buy and Build

Since the investment from Horizon Capital, DMC has completed seven add on acquisitions, and is now the fastest growing operator in its sector.

News & Insights

Related Infomation

February 16, 2021 in News

Horizon Capital portfolio company Juniper Education makes headlines with National Data Report

Horizon Capital portfolio company Juniper Education made national headlines last week with the release of its National Dataset Report which explores the impact of the Covid-19 pandemic on primary school…
Read More
February 8, 2021 in News

Horizon Capital expands investment team with two new hires

Horizon Capital announces the expansion of its team with two new experienced hires.  The appointments follow a busy period for the firm with three exits, 2 new platforms and 23…
Read More
February 1, 2021 in News

Horizon Capital backed AgriBriefing announces the acquisition of Tallage SAS – trading as Stratégie grains

AgriBriefing, the world’s leading agribusiness price reporting, information, market data and intelligence company is pleased to announce the acquisition of Tallage SAS. Tallage is a French-based provider of business-critical intelligence…
Read More