Cowgills advises Communicate Better on second acquisition in a month
Integrated communications provider Communicate Better has further expanded its business by the acquisition of Northampton based Telemaxx Limited for an undisclosed sum.
Cowgills head of corporate finance Ian Johnson and director Sam Davies led the corporate advisory team.
The purchase of the Telecom provider offers Communicate Better the opportunity to expand its geographical coverage across the UK, as well the chance to provide enhanced service offerings to the existing customer base.
Sam Davies, corporate finance director, who led the Cowgills corporate finance advisory team, commented:
“We are glad to be part of the Communicate Better success story and once again are pleased that this latest acquisition will enhance the groups position of becoming one of the UKs leading business communications suppliers. This acquisition of Telemaxx will be an excellent addition to further broaden Communicate Better’s geographic reach.”
Telemaxx will become part of the Warrington headquartered Communicate Better Group and will be the second acquisition in a month for the technology provider.
Wayne Cartwright, CEO of Communicate Better, commented “We are delighted with this deal as its gives us many opportunities to cross sell our other products and services into the Telemaxx base which has predominately been a provider of fixed line and hosted services. There are many synergies which should make the integration of the business straight forward.
It has been a busy few weeks after we bought Vision Communications, but the enhanced group means that we have doubled the size of our customer base which is fantastic.
We have targeted ourselves to break the £10Million turnover barrier this financial year and are well on our way. With one or two more targets in mind, our business hasn’t stopped with this deal. Watch this space for more exciting news soon.”
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