PMGC acquires fellow Vodafone Total Communications Partner Pure Business Services

PMGC has acquired fellow Vodafone Total Communications Partner Pure Business Services for an undisclosed sum. The combined entity boasts over 70,000 connections and annual revenues of between £16m to £20m.

PMGC hopes that the deal will give it the critical mass and scale to become one of the largest independent telecoms and IT managed solutions providers in the UK, operating out of six offices (London, Birmingham, Bristol, Edinburgh, Northampton, Manchester) and with an increased headcount of 110.

Shez Cheema will remain as CEO of the enlarged business. He previously played a key role at Azzurri Communications where, as CFO, he was involved in 16 acquisitions over a six year period that took the business to circa £150m turnover.

John Handley, CIO of Finance Birmingham and former Head of Lloyds Development Capital becomes Chairman of the business.

PMGC's Sam O'Donnell continues as COO while Pure's Ricky Bayliss takes the Head of Converged Services role.

Cheema said: "Growing the business organically and moving us from a pure play fixed and mobile provider to a unified telecoms and IT fully managed service provider is now our sole focus.

"The acquisition of Pure provides us with the springboard to enable some ambitious longer-term strategic aims that include IP voice, IT hosting and cloud computing.

"Further capability based acquisitions are being considered, and we are in discussions with a number of strategic IT, mobile and fixed line partners."

Helen Freestone, Partnership and Alliances Director at Vodafone UK, added: "It's exciting news to see two strong Vodafone Total Communications Partners coming together.

"Combining their range of skills in mobile, Unified Communications and IT services will be key as businesses increasingly look for fully integrated communications and technology support."

Pure was formed in 2006 and has a head office in Northampton and satellite office in Warrington. The firm generates £8m-plus annual turnover and is also a Strategic Gamma Partner.

 

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