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SpinVox investor: company has been 'put up for sale'

The BBC is reporting that SpinVox has been “put up for sale”, according to one of it’s investors.

The actual quote the BBC obtained from Invesco Perpetual is:

“The business has been put up for sale, and it is possible that, should a good sales price be achieved, the new valuation may be exceeded,” Invesco Perpetual said in its report.

They invested just under £760k in SpinVox way back when. They now rate that investment as worth about £76k.

Not good.

Not good at all.

I’m sure someone out there will buy out the assets of SpinVox. The call centre IP will, I’m sure, be useful to somebody.