Connect Telecom announces another £1m-plus acquisition
CONNECT Telecom has acquired Bedfordshire-based Assimilated Communications in another £1 million-plus deal as part of plans to double the size of the business within the next 18 months.
The acquisition, the company’s sixth this year, takes its total Vodafone connections across the UK and Ireland to almost 60,000.
And the deal also expands its geographical spread and its ability to serve customers right across the UK market with offices now in Aberdeen, Dunstable, Glasgow, Carlisle, Manchester and London, in addition to its Belfast headquarters.
All staff, including Assimilated Communications managing director Owen Keenan-Lindsey, will transfer to Connect Telecom.
Scott Ritchie, who acquired the business in 2015, said: “Already this year we have purchased Aberdeen-based Coltel, Carlisle-based Nortech and the Vodafone mobile base of a communications company in London among others, with all reporting dramatic improvements in customer service and retention rates.
“We also acquired the Vodafone base of a second telecoms company in southern England and this latest acquisition of Assimilated Communications will consolidate that providing us with a more critical mass in the market.
“Connect Telecom has seen 200 per cent growth outside of Northern Ireland with approximately 60 per cent of our business outside the region, our regional offices based in the mainland allow us to deliver an even better service and add further value to our growing customer base.
“We have a very ambitious growth strategy with opportunities for further acquisition in the coming months so we are delighted to have Owen and his team on board to assist with these plans.”
Owen Keenan-Lindsey added: “The coming together of two strong players in the market ultimately enhances the offering to Vodafone business customers. This is a positive step and we are very excited about the opportunities that working together will present.”