Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Corporate Services  New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
  • Video Insights
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Babble continues PE-backed acquisition spree

Babble continues PE-backed acquisition spree

Mon, 29 Mar 2021 | BUSINESS SALE



Comms and cyber services provider Babble has acquired IT firm 81G Blue, its seventh acquisition since the start of 2020 and third since it was backed by private equity firm Graphite Capital. 81G Blue is based in Warwickshire and is a fully managed service IT solutions provider.

The acquisition will enhance Babble’s cyber capabilities and follows its takeover of Newcastle-based managed services provider (MSP) Activ Technology in February. The deals form part of Babble’s buy and build strategy, which has been accompanied by solid organic growth over the past year, with Graphite backing the company in November 2020.

At the time, Graphite said it would support Babble’s efforts to grow organically through winning new clients and cross-selling to its customer base, whilst also driving an acquisition strategy targeting smaller providers with a structured integration approach.

Following the acquisition of 81G Blue, Babble Chief Executive Matt Parker said: “The talented team at 81G Blue shares our ambition to enhance customers’ agility, efficiency and profitability and we’ve no doubt they’ll add significant value as we continue to strengthen our cyber business unit.”

“Our buy and build strategy has continued at pace in 2021. We have more acquisitions in the pipeline, as we seek high quality, innovative businesses that have the potential for further growth.”

Babble's acquisitive growth strategy has seen the company expand to locations in London, Newcastle and Burton, while it provides cloud solutions over 3,000 clients across a wide array of sectors.

Its most recent accounts, to the year ending November 30 2019, show the company generating annual revenue of £12.6 million (up from £7.7 million a year earlier) and pre-tax profits of £1.46 million (£590,062 a year earlier).


Read more about growing acquisitively with private equity funding.

Find businesses for sale here.

If you are looking for an exit, we can help!


Share this article



Latest Businesses for Sale

Insurance Broker Offering A Range Of Insurance Policies
London, UK

Aims to find the most suitable policy for its clients, with policies offered including commercial, homeowners, contents, pet and travel insurance.

Asking Price: Offers Invited
Turnover: £300,000

LEASEHOLD


Third-party Claims Handling Specialist
South of England, UK Wide

The company offers innovative, efficient and professional support to insurers, corporations and fleets, providing a range of claims handling services with complete end-to-end capability.

Asking Price: Offers Invited
Turnover: £854,000

LEASEHOLD


Specialist Recruitment Solutions For Financial Sectors
London, UK

Established over 30 years. Specialises in the provision of candidates for a range of permanent and temporary business support and executive assistant positions.

Asking Price: Offers Invited
Turnover: £3,100,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
Apr
 

English vineyard business put up for sale | BUSINESS SALE

A specialist English Pinot Noir vineyard in Worcestershire h...

 
20
 
Apr
 

Administrators appointed as UK logistics firm collapses | ADMINISTRATION

West Bromwich-based courier and logistics firm New Generatio...

 
20
 
Apr
 

Company insolvencies begin to rise in March as pandemic impact shows | BUSINESS NEWS

Government figures show that UK company insolvencies rose 44...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
05
 
Feb
 

PE-backed Babble acquires Newcastle-based Activ Technology | BUSINESS SALE

Comms company Babble, which is backed by private equity firm...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2021. Business Sale Report Ltd. All rights reserved. www.business-sale.com.