M&A Finance / Acquisition

Leeds-based Soda IT Support has acquired WalkinWiFi, a specialist provider of marketing-driven WiFi hotspot solutions to the hospitality industry, after the company entered administration earlier this year.

CaaS solution provider Digital Origin has made its second acquisition in two years, buying IT support business Pericom, who specialise in currency rate boards.

Chess has acquired Stevenage-based penetration test provider Armadillo to beef up its cybersecurity offering, which now makes up 20 per cent of the company’s sales.

London-centric altnet Community Fibre has acquired Box Broadband to expand its footprint into Surrey and West Sussex.

Flow Communications has made its first acquisition under new leadership with the buy of Welsh IT MSP Capital Network Solutions (CNS).

Horizon Capital-backed Modern Networks has kicked off an acquisition trail by gobbling up Bridge Fibre and Response IT to bulk out its ISP and MSP services respectively.

razorblue’s presence in Scotland has been strengthened following its acquisition of Stirling-based MSP sarn Technologies.  

Full fibre ISP Grain has carved out plans to extend its fibre optic footprint following a £75m equity investment from European infrastructure investor Equitix, alongside Albion Capital, its existing backer.