Business

Connect Telecom announces seventh acquisition in just 18 months

Connect Telecom chief executive officer, Scott Richie has acquired his seventh business in 18 months, through the acquisition of Think Group
Gareth McKeown

BELFAST-based communications firm Connect Telecom has announced its seventh acquisition through the purchase of a leading English company.

Connect, now ranked as one of the fastest growing business communications companies in the UK has confirmed the acquisition of the Lewes-based Think Group for an undisclosed sum. Established in 2004, Think Group is one of the leading suppliers of business communications services in the south-east of England and employs 18 staff. Think Group's 18 staff including managing director, Damon Newbold, will transfer to Connect Telecom.

The latest deal is the seventh agreed by Connect in the last 18 months and takes the company's total Vodafone connections across the UK and Ireland to over 70,000.

Connect Telecom delivers fixed line, mobile, broadband and cloud services for businesses and serves businesses across the UK with offices in Aberdeen, Glasgow, Carlisle, Manchester, Dunstable, Lewes and London, in addition to its Belfast headquarters.

Chief executive officer, Scott Richie has quadrupled the business base since purchasing Connect in 2015 and now employs 100 people around the UK. Looking ahead he expects significant expansion in 2018.

“We have a continuing and ambitious growth strategy and I expect our revenues and customer base to continue in an upward trajectory throughout this year," he said.

“Think Group was an obvious acquisition target for Connect as we share many values, not least placing our customers first in presenting an unrivalled level of service and access to cutting edge technology that unifies business communications."

Think Group managing director, Danny Newbold added:

“Connect Telecom has shaken the UK telecoms market over the last year and I share Scott's vision for the future, not only as a partner, but in the complete business technology offering we can now provide our customers."

“This is a tremendously positive step and we are very excited about the opportunities that working together will present.”

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