The purchase adds £1.2 million in revenue, and 200 customers and dealers to telecoms company Peach Telecoms, according to a statement.

The deal is the third for the Southampton-based business in its lifetime, following its previous acquisitions of Harmony Solutions and Pro-Voice.

Surrey-headquartered Vantage Communications provides telecommunications services to the corporate and SME market with voice, data, mobile, conferencing and internet services.

Managing director of Peach Telecoms, Darren Scott-Healey, comments: ‘Previously Vantage’s customers had a limited product range with only fixed lines and some broadband packages on offer.

‘Now they are with Peach they can take advantage of our wealth of products, including mobiles, data solutions, telephone system installation and maintenance. In addition they now have a bigger support network behind them, in the form of our army of engineers and customer service advisors.’

Peach Telecoms placed ninth in the 2011 Sunday Times Tech Track 100 league table.

Max Webb, managing director of Vantage Communications, says that its customers are ‘very happy’ with the move and will now be able to take advantage of Peach Telecoms other product and service lines.

Scott-Healey says that 2011 has been an ‘incredibly successful’ year for Peach Telecom and the business will now capitalise on this with ‘ambitious’ growth plans for the next three years.

He adds: ‘We are lean, flexible and in a strong position within the market to make further acquisitions in coming months.’