Alchemy Backs Refinancing of Datapoint Group.Business Editors LONDON--(BUSINESS WIRE)--Sep. 6, 2002 A new company formed and financed by the Alchemy alchemy (ăl`kəmē), ancient art of obscure origin that sought to transform base metals (e.g., lead) into silver and gold; forerunner of the science of chemistry. Investment Plan has acquired the business interests of the Datapoint Group operations in the UK, Italy, Spain, Belgium, Holland and the USA. The new structure and financing will enable Datapoint to develop and grow the services that they offer to their blue chip customers. Datapoint has 350 employees in five European countries and a blue chip customer base of more than 200 companies, including: Lloyds TSB Lloyds TSB Group plc (LSE: LLOY) is a banking and insurance group in the United Kingdom. It was formed in 1995 by the merger of Lloyds Bank and the Trustee Savings Bank (TSB). The Group's head office is at 25 Gresham Street, London. , Vodafone, Littlewoods, BritishTelecom, Cable & Wireless, Cellnet (O2), eSure (HBOS HBOS Halifax Bank of Scotland ), Virgin Cosmetics and Powergen. "Datapoint is a quality company that has delivered customer management services for over 30 years. The restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). and re-financing positions the group for future growth" commented Jon Moulton. "It is a strong vote of confidence for clients, employees and partners." Jon Moulton, Managing Partner of Alchemy Partners will be Chairman of the new group. Sarah Faux, the recently appointed CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Datapoint UK and Callcentric, will expand her responsibilities to include the Spanish, Benelux and US subsidiaries. Vittorio Santacroce will remain as CEO of the Italian operations. Rob Clark has become Chief Financial Officer for the group. |
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