M&A Finance / Acquisition
Aura Technology and Amicus ITS join forces to create £10m Group
IT providers Aura Technology and Amicus ITS have joined forces as sister companies to create a £10m-plus turnover orSangoma snaps up US business VoIP Innovation
Sangoma has added a CPaaS offering and wholesale channel model to its existing go-to-market with the acquisition of US business VoIP Innovation, a SIP trunking wholesaler to resellers, service provPurple WiFi bags US-based LogicJunction
Purple WiFi's capabilities in maximising intelligent spaces has received a boost following the acquisition of US wayfindPhoenix47 bags Guardian Technologies
UK-based professional services company Phoenix47's credentials in the IT security space have been significantly boosted with the acquisition of Guardian Technologies.Apollo launches bid for Tech Data
Tech Data shares have jumped +14% after-hours following a Reuters report that US-based venture capital fund Apollo Global Management has approached the company with a $130/share cash buyout offer,Cancom bags Belfast service provider Novosco
Munich-based Cancom Group has snapped up Belfast service provider Novosco as it seeks to expand in the UK and gain a foothold in the Irish market.BDR eyes £30m-plus following Comec buy
BDR Group's £20m target this year has been revised upwards by a third following its acquisition of a majority stake in ShTelappliant acquires Voice 2 Voice
Cloud services provider Telappliant has pocketed Stafford-based comms provider Voice 2 Voice for an undisclosed sum.French acquisition boosts CMS in Europe
CMS Distribution has strengthened its European presence with the acquisition of French hardware distributor Avesta, which specialises in mobile solutions, and is located close to Paris.Adept4 set to acquire Cloudcoco
Adept4 is to acquire Cloudcoco in a £6.1m deal. Cloudcoco was established in September 2017 by former sales directors of Redcentric.