In 2018 Exactive shareholders were talking about selling and needed to be sure they were leveraging existing client and partner relationships to optimise the opportunity. Directors had different views, and whilst they were already established Teams specialists with an innovative UCaas solution, they hadn’t fully captured the essence of Exactive and how to differentiate their offering.
In early 2020 Exactive sold for 20 x EBITDA, far exceeding shareholder expectations. Scott Miller, CEO attributes this in part to the 'phenomenal' IM, which captured Exactive's unique value proposition and competitive edge

Value proposition
Customer research revealed Exactive’s real value proposition and provided the insight for a change of message…
Competitive positioning
Analysis of market and feedback from Microsoft highlighted Exactive’s competitive edge and unique market position…
Information memorandum
A fresh approach focused on five investor highlights contributed to a sale far exceeding shareholder expectations…
Get the team aligned behind a clear value proposition for prospects and investors
Find out what they were like, how they were perceived, review the competitor landscape and find the unique position they could own
Analysis
Internal data helped profile the target market, the IP they bought and the buyer journey. Analysis and commentary from Gartner, McKinsey, and other publicly available industry reports provided external context, wider market trends and an overview of the complex competitor landscape. .
Listening
We talked to clients to understand motivations and hear first-hand how they described their own challenges and goals, what they valued about Exactive, and what they thought about Exactive’s approach.
Microsoft Teams specialists in the UK and the US shared how Exactive’s offering, expertise and approach were viewed by the vendor and partners shared their selling process and how they positioned Exactive.
Getting to know the team
One to ones with individuals in the business provided insight into the culture, the ambitions, and the specialist knowledge within Exactive.
The ‘ah ha’ moment was recognising that Exactive needed to move on from the ‘modern workplace’ message
Findings
Conclusion
The real insight was not about the getting tech in, but making it work. Our message needed to focus on seamless interoperability, change management and adoption.
Exactive was sold to a major PLC just before lockdown in February 2020, after a decade of battling to sell the 'work from anywhere' dream. This is the part we played
Key messaging for information memorandum
We built the Information Memorandum around five investor headlines: each a direct product of the time invested in understanding Exactive’s market, its relationship with Microsoft and how it creates long term value for customers.
Refreshed the value proposition
“Our purpose is to help UK enterprise unlock the value of communications technology, enabling people to work flexibly, collaboratively, and productively. Simply put, “we make Teams work”.
Identified the core success factors
We identified the three strong pillars that underpinned the value proposition and provided a point of difference. Deep UC specialism; change management and adoption and world-class customer service gave UK enterprises a faster return on their Teams investment.
Found their competitive market position
Only a handful of providers in Europe had their unwavering focus on UC integration, direct routing into global telecoms networks and Microsoft Teams expertise. Exactive’s market strength was their unique position at this intersection.
- Information Memorandum
- Key investment highlights
- The customer value proposition
- Unique market positioning
- Key messaging and story
- Board alignment