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M&A Finance / Acquisition
Convergence Group secures £16m funding
Convergence Group has secured a flexible funding package of £16m from NatWest to support acquisitions and scale up operations.Silverbug acquires Paralogic IT to beef up joint offering
Silverbug's services proposition and capabilities have received a boost following its acquisition of Paralogic IT.Communications Plus acquires Cellular Solutions
Communications Plus has beefed up its B2B offering with the acquisition of fellow O2 partner Cellular Solutions.Daisy Comms acquires Premier Choice Telecom
Daisy Communications has widened its expertise in the health, education and charity verticals with the acquisition of Premier Choice Telecom.CloudCoCo enters ‘Get Bigger’ phase with Systems Assurance buy
Warrington-based CloudCoCo has pivoted into growth mode with the acquisition of Assurance Systems.Double swoop expands Babble’s UK footprint
Babble's presence across the south coast and north west is strengthened following the acquisitions of 5 Rings Telecom and Concert Networks, taking the Graphite Capital-backed buy and builder's tally to six this year.Agenda IT buy strengthens Rydal’s IT support function
Rydal Group has strengthened the regional presence and manpower of its IT support team with the acquisition of Agenda IT.Soda IT buys WalkinWiFi out of administration
Leeds-based Soda IT Support has acquired WalkinWiFi, a specialist provider of marketing-driven WiFi hotspot solutions to the hospitality industry, after the company entered administration earlier this year.Digital Origin acquires Pericom to beef up IT offering
CaaS solution provider Digital Origin has made its second acquisition in two years, buying IT support business Pericom, who specialise in currency rate boards.Chess bolsters cybersecurity offering with Armadillo buy
Chess has acquired Stevenage-based penetration test provider Armadillo to beef up its cybersecurity offering, which now makes up 20 per cent of the company’s sales.
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