Arrow Business Communications has acquired London-based Worksmart Technology, its ninth acquisition in seven years. Worksmart generates circa £4.7m revenues and has over 350 customers. The company is particularly strong in the financial services and health care sectors and focuses on hosted and on-premise telephone systems along with data connectivity.
Arrow CEO Chris Russell said: "The key reason behind this acquisition is Worksmart's expertise in delivering enhanced hosted voice platforms, which are becoming increasingly popular to customers wanting to migrate away from on-premise based solutions.
"Overnight we have doubled our number of hosted seats and connectivity sales and added depth to our technical and product offering."
Following the deal Arrow also appointed two new directors - John Harber and Richard Burke.
Harber previously worked at Lenovo, Sony Ericsson and Sony UK and will lead Arrow's Pulse Business Energy and Worksmart acquisitions.
Burke joins Arrow from Intercity where he has held director level positions since 2009. He is now responsible for Arrow's IT Services, Telesales, Scotland and Strategic Accounts teams.
Russell added: "We started the year with three key objectives - to continue to acquire, to add resource to our senior team and to deliver our numbers. We have completed our second acquisition of the year, welcomed John and Richard and won some significant new business. I am confident that we will exceed our profitability targets for 2017."