Cash rich Excell set to acquire

Cash rich Excell Group has announced a new acquisition strategy headed up by Finance Director, Edward Pettit.

Pettit played a pivotal role in the recent acquisition of Resource Utilities and Green Mobile customer bases which increased the London based comms provider's turnover to £27m.

He told Comms Dealer: "The Group's strong cash reserves leave us well placed to capitalise on such opportunities.

"Acquisitions are targeted to complement the existing products, expand our base and provide cross selling opportunities with a focus on hosted and managed services.??"With changing demands of technology becoming increasingly prevalent and complex and with new regulatory changes on the horizon, any acquired customer bases will benefit from Excell Group's support and range of cloud products and services.

"We will remain focused on our customers and strengthen and build on our offerings to deliver even greater value."

Excell Group Chairman Darren Strowger stressed that recent acquisitions utilise charity affinity schemes that 'further support Excell's commitment to social value and adds to charitable commitments already made to Teenage Cancer Trust and local charitable projects and initiatives'.

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