The North West based communications engineering company Crown Telecom Solutions, has acquired Strata Communications.
“This is a perfect fit for us,” Crown Telecom managing director Mark Nicklin explained.
“Strata is a pure engineering operation, whereas, here at Crown we offer hardware, line rental, broadband/data services, mobiles and billing. This will add to our technical capacity just as new accounts require us to expand the engineering side of our business,” Mark noted.
Other acquisitions may be in the offering, Mark explained. “An acquisition fund to support the growth programme has been established and we are looking for compatible telecoms companies that we can integrate into the Crown business”
Growth at Crown Telecom since launching last year has been spectacular, driven by the sales operation which has successfully won major corporate accounts and work with SME’s throughout the UK. “We are retaining all Strata employees and are actively seeking more staff in sales, support and engineering as part of our planned growth,” Graeme Jones, operations director, explained. “Even before the Strata deal, we grew the business organically by 50 per cent in the last six months and we see this natural momentum being maintained. People with talent and energy should send in their CV if they want to join a growing company with massive scope for career development.”
Round-up of today’s M&A deals
- Amscreen has announced that it has acquired the entire sales and marketing operation of Digicom
Value: undisclosed
Advisers: undisclosed
- Empower MediaMarketing has agreed a deal to acquire analytics firm Market Intelligence Group
Value: undisclosed
Advisers: undisclosed
- The Scott Partnership acquires Kapler Communications
Value: undisclosed
Advisers: undisclosed
- Verint has acquired enterprise feedback management vendor Vovici, and will now turn to incorporating the EFM solutions into its voice of the customer (VoC) analytics platform.
Value: undisclosed
Advisers: undisclosed
- VeriFone Systems has acquired Hypercom Corporation
Value: undisclosed
Advisers: undisclosed
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