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M&A Finance / Acquisition
Air IT makes double swoop for Silverbug and Scoria
Air IT has acquired Silverbug and Scoria, taking it to over 400 employees and more than 2,200 clients, a tenfold increase since its initial investment from August Equity in 2020.Asanti acquires five Daisy data centres
With the new backing of Invesis, Asanti Datacentres has acquired five UK data centres from Daisy Group.RM sells MIS business for £16m
RM intends to sell its School Management Information System (MIS) business to The Key Group for up to £16m in the first half of 2023.Yay secures PE boost from TelcoSwitch backer
Yay has secured private equity investment from Queen’s Park Equity (QPE), enabling the UCaaS platform to leverage TelcoSwitch’s base of channel partners.Wireless logic continues IoT M&A spree
Wireless Logic has acquired international SaaS vendor IoThink Solutions for an undisclosed fee following its double swoop for Mobius Networks and Jola in July.Firstcom acquires Raspberry Beret
Firstcom has acquired north west reseller Raspberry Beret, to add £1.4m of annual revenues.Babble scales mobile offering with Vivio buy
Babble has completed its largest acquisition to date with its deal for Chester-based mobile services reseller Vivio.Northern acquires 'mismanaged' Toople assets
Northern Telecom boss Simon Rodgers has blamed poor leadership for the demise of Toople and is stepping in to guide a core that remains strong despite recent underperformance.Quadruple swoop primes Redcentric for growth
Redcentric has acquired four companies to enhance its public cloud, security and consultancy offerings.Custard acquired by Thrive
Custard Technical Services has been added to Thrive’s expanding UK operations following an acquisition designed to add expertise and scale.
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