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Comms channel veteran Daron Hutt (pictured) is said to have netted a circa £100m-plus windfall through the sale of 4Com to Daisy. Hutt founded Bournemouth-based 4Com in 1999.
According to Companies House records, a filing dated October 7th confirms at least 75 per cent ownership of 4Com by Daisy.
4Com has grown organically and through acquisitions and according to reports Hutt sealed a £215m sale to Daisy founder Matthew Riley, boosting Daisy's SMB base by around 17,000 business to over 200,000 customers.
A Sky report noted that Daisy's primary reason for pursuing the deal is 4Com's HiHi cloud communications product.
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