Elitetele.com has netted Leeds-based Nexus Telecommunications, its largest acquisition to date, adding £16m revenue and 35 staff. The deal is Elite's 15th since 2008 and boosts revenues to £50m-plus with underlying EBITDA of over £8m, representing growth of 37% and 43% over Elite's FY7/16 results.
The enlarged group will have in excess of 165 staff across seven locations and extends Elite's customer base and geographic presence.
Elite founder and CEO Matt Newing said: "Nexus has a great reputation and we share a similar culture. The combination of our two companies' unified comms and IT products and services will deliver a stronger client offering."
"Nexus has some bespoke service wrap solutions for corporate and enterprise clients that we will offer to our wider customer base.
Nexus CEO Rob Sims, who is staying with the business, said: "Our customers will benefit from Elite's range of services including hosted IT services, PCI compliance, SIP services, phone systems and numbering services, which will complement the Nexus offering."