Investors
Building for the long term.
Boreal Group is a founder-led UK holding company owning and operating businesses across technology, telecommunications and infrastructure. We build companies we intend to own for decades.
4
Operating companies
3
Revenue sectors
UK
Domicile
2+
UK cities
The Investment Case
Six reasons to back Boreal Group.
01
Founder-led and skin in the game
Jamie Pidgley is not a passive investor — he operates across the portfolio hands-on. Capital is his own. Decisions are made by someone who lives with the consequences.
02
Proven operating businesses
Boreal Group owns operating businesses generating real revenue. Zappie and Leo Communications are established telecoms providers. Havari has 600+ paying customers. These are not pre-revenue concepts.
03
Recurring and contracted revenue
Telecoms and SaaS businesses generate contracted, recurring income. Customers on 12–24 month agreements, monthly SaaS subscriptions. High retention, predictable cash flows.
04
Cross-group synergies
The companies share infrastructure, customers and go-to-market. A Zappie customer is a Leo Communications prospect. A Havari user is a Zappie lead. The group compounds as it grows.
05
Large and growing markets
UK telecoms is a £40bn+ market. Business SMS and multi-channel messaging is growing at 20%+ annually. The group operates in markets with durable, structural demand.
06
Northern growth story
Headquartered in Leeds — one of the UK's fastest-growing business cities. Access to talent, lower operating costs than London, and a region actively investing in digital infrastructure.
Portfolio Companies
Zappie
Telecoms & Connectivity
Full-service telecoms provider. VoIP, broadband, mobiles and IT solutions.
Leo Communications
Business Communications
Business communications solutions — VoIP, broadband and WhatsApp Business.
Havari
Communications Technology
SMS and multi-channel marketing platform. 600+ customers, 97% open rates.
JP Projects
Infrastructure
Infrastructure delivery and project management for telecoms and construction.
Market Opportunity
£40bn+
UK Telecoms
The UK business telecoms market is one of the largest in Europe — driven by ongoing migration from legacy phone systems to cloud-based VoIP and unified communications.
20%+ CAGR
Business SMS & Messaging
The global business messaging market is growing rapidly, driven by SMS, WhatsApp Business and RCS adoption. Businesses are migrating away from email as the primary customer communication channel.
£5bn+ p.a.
UK Digital Infrastructure
Government targets for full-fibre and 5G coverage are driving significant investment in physical network infrastructure — a market JP Projects is positioned to serve.
Leadership
Founder-operated. Skin in the game.
Jamie Pidgley
Founder & CEO, Boreal Group
Jamie founded and operates each company within the group. He began building businesses in the New Forest before expanding northward. His capital, his time, his decisions — aligned with investor interests from day one.
Structure
UK-incorporated holding company with trading subsidiaries
Headquarters
Leeds, West Yorkshire, UK
Founder stake
Majority founder-owned
Revenue model
Recurring subscription & contract-based across all subsidiaries
Growth Strategy
Organic growth within existing companies
Each portfolio company has significant headroom for growth through new customer acquisition, product expansion and geographic reach. Zappie's telecoms offering, Havari's platform and Leo's comms services are all early in their market penetration.
Cross-sell across the portfolio
Every customer of one group company is a warm prospect for another. A Zappie broadband customer needs phone systems. A Leo communications client needs marketing tools. The group is designed to cross-sell systematically.
Platform and product development
Havari is the group's software layer — and it has significant product expansion underway, including RCS messaging, live chat, Facebook Messenger and Instagram DMs. Each new channel adds addressable market.
Selective acquisitions
As the group generates cash and builds relationships, selective bolt-on acquisitions of complementary businesses in telecoms, software and infrastructure represent a defined growth lever. Patient, opportunistic, value-focused.
Get in Touch
Interested in investing in Boreal Group?
We welcome conversations with investors who share our belief in long-term, founder-led company building. If you’d like to learn more about the group, its financial performance or investment opportunities, get in touch directly.
Investor enquiries
All investor enquiries are handled directly by Jamie Pidgley. Use the contact form and note your interest in investor discussions.
NDA & Information
Financial information and detailed company data is available under NDA to qualified investors following an initial conversation.