M&A Finance / Acquisition
Wavenet in watershed £50.3m deal for AdEPT
AdEPT Technology Group has agreed to join Wavenet for a £50.3m cash offer, citing that the weak macroeconomic outlook in the UK threatens its short term growth opportunities as a standalone entity.Flotek enhances telecoms play with FlexiNet buy
Flotek Group has invested in FlexiNet to continue its growth strategy, which includes five acquisitions since its launch in Spring last year and a further two in the pipeline for Q1 2023.Fern consolidates four major altnets to accelerate rollout
Jurassic Fibre, Swish Fibre, Giganet and AllPoints Fibre will become a single operating entity as Fern Trading consolidates its retail and wholesale fibre businesses.Knight advises Zest4 on investment boost
Knight Corporate Finance continues to advise on key channel deals, securing strategic investment for its frequent collaborator Zest4.BDR kicks off 2023 with 3C buy
BDR has acquired Colchester-based IT and communications reseller 3C to add £7m revenue and extend its national footprint.FluidOne swells Northern presence with Highlander deal
FluidOne has acquired Highlander Computing Solutions to extend its reach in the North and strengthen its existing services to mid-market and enterprise customers. This deal will see revenue grow by 35%.Wavenet strengthens security play with Fidus buy
Wavenet has acquired Fidus Information Security to strengthen its penetration and testing capabilities.Double swoop bolsters Babble’s mobile and comms play
Babble continues its aggressive buy and build strategy with the acquisitions of Corporate Wardair Limited (CWL) and Avandda.EvolveODM completes second deal in three months
EvolveODM has acquired and incorporated 4G Voice and Data for its B2B mobile offering. The deal news marks the MSP’s second strategic acquisition in three months, following GB3 in November 2022.4Com buys Bluebell’s telecoms customers
Bluebell Cloud Solutions has sold its business telecoms customer base to 4Com as it looks to fund growth in further areas.
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