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1 year ago

Launched in 2016, Blume (formerly mmadigital) uses proprietary technology to source, qualify and measure customer acquisition for over 70 law firms in the UK. The company has grown rapidly since inception, delivering exceptionally strong organic revenue growth and profitability. Rockpool supported Blume with growth funding in 2022 to help the founder and CEO, Dez Derry, and his management team continue the organic growth trajectory of the platform and pursue a buy-and-build strategy.

Rockpool’s funding will be used to enter adjacent regulated markets and expand the services of Blume, helping to fuel growth for its clients.

As part of the investment, Dez was joined by experienced technology Chairman, Mark Cappell, and Steve Evans, a CFO with significant experience working with private equity-backed companies in the business services and legal sectors.

In 2022, Blume made the acquisition of Online Legal, a technology-led customer acquisition specialist for the legal sector. Shortly after this, Rockpool exited the company to Sun Capital, delivering a 4.4x net return to Rockpool equity investors.


Team: Guy Ellis, Simon Collins