Fri, 16 Jul 2021 | BUSINESS SALE
M Group Services has acquired wireless telecom infrastructure services firm Waldon Telecom. The acquisition, M Group’s thirteenth since December 2016, comes amid a time of thriving M&A in the telecoms sector. Through the acquisition, M Group hopes to enhance its mobile offering, while simultaneously tapping into the ongoing rollout of 5G technology.
Waldon has locations in Surrey and Derby and provides infrastructure services including acquisition, design and construction to the mobile telecom market. The company says that the takeover by M Group will help it leverage wider services and drive future growth.
Following the acquisition, Waldon Telecom will continue to operate under its own brand, with Managing Director and co-founder Phil James remaining in charge of the business.
Discussing the acquisition, M Group CEO Jim Arnold said: “We are delighted to expand our Telecom Division with the acquisition of Waldon Telecom, a business with considerable growth potential and a strong reputation. Our strategy is to combine Waldon Telecoms ADC skills with Magdalene’s mobile technology services and provide mobile clients with end-to-end solutions.”
Waldon Telecom MD Phil James added: "With Waldon’s existing telecom acquisition, design and construction capability, becoming part of M Group Services’ telecom division will allow us to leverage wider services that can be offered by the group across multiple sectors. This will support our growth aspirations and allow Waldon Telecom to become a large scale, turnkey partner of choice within the mobile telecom market."
We will be taking a closer look at M&A in the telecoms sector in an exclusive BSR insight next month. More of our insights are available to subscribers here.
Find businesses for sale here.
If you are looking for an exit, we can help!
This business, known for its expertise in bespoke modular and containerised data centres, stands out with its impartial product advice and commitment to quality, as evidenced by its ISO 45001 and ISO 9001 certifications. With 70 active clients and a...
Project Zinnia is a renowned leader in information security and cybersecurity consulting, recognised for helping organisations meet key regulatory standards and boasting a bespoke Continuous Threat Exposure Management (CTEM) tool. The company has exp...
This is a rare opportunity to acquire a not-for-profit Rail Development Research and Technology Organisation, complete with a purpose-built R&D facility and generating additional income from sub-tenants.
09
|
Jul
|
Equipment hire firm divests welfare van fleet | DIVISION SALE
Newcastle-based equipment hire firm Nixon Hire has divested ...
09
|
Jul
|
Former care home to reopen following acquisition | COMMERCIAL PROPERTY
A former care home in Nottingham is set to reopen following ...
09
|
Jul
|
Financial advice consolidator Finli Group completes six more acquisitions | BUSINESS SALE
National financial advice firm Finli Group has continued its...
30
|
Oct
|
M Group Services buys engineer BGEN to help net zero drive | BUSINESS SALE
Private equity owned infrastructure specialists M Group Serv...
16
|
Oct
|
M Group Services makes eleventh acquisition since 2016 with IDSystems | BUSINESS SALE
Herefordshire-based infrastructure services provider M Group...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.