Sat, 23 Feb 2019 | MERGER
Two technology businesses based in Bournemouth have successfully completed a merger.
ITSB, an IT support, cloud and security specialist, has joined forces with Crystal Clear Telecom communications platform.
The merger was coordinated by TECHNEDs Investment – a technology investment platform headquartered in Poole– which already holds ITSB and Crystal Clear Telecom under its umbrella of private equity-backed companies.
Chief executive of ITSB, Lee Dredge, commented on the merge: “Our message today is very much one of growth and we look forward to a mutually beneficial business relationship with the best possible combination of communications and technology solutions.
"Our two businesses understand each other’s markets very well and because our fields of expertise are so complementary, this will result in new and existing clients being attracted by the convenience of our multiple services offering.”
It is anticipated that the merger will boost the local economy by providing support to various third-party companies in the form of numerous tech solutions and partnerships in campaigns.
Managing director of Crystal Clear Telecom, Scott Gower-Smith, said: The world of telecommunications is evolving rapidly, especially cloud working, and this merger ensures we continue to stay ahead of technology trends.
"Our partnership with ITSB allows us to provide a comprehensive customer support service – it makes perfect sense that we should be working together for the good of all of our clients.
“Our honest and knowledgeable approach will enable us to provide voice, connectivity and communication solutions to our rapidly increasing client base."
For more news stories about mergers, click here. For all our business for sale listings, click here.
The company designs, installs, maintains and supports structured cabling; local area and wireless networks; CCTV and access control systems; and telephony and internet services. Operating nationally, the company caters to a diverse client base that i...
FREEHOLD
The company has created an innovative and intuitive online learning platform, featuring a diverse range of subjects, such as academic physical education, which is mainly purchased by UK-based secondary schools and overseas British-curriculum schools....
RELOCATABLE
The company is a SaaS developer offering a proprietary platform that is designed to enable the creation and scaling of internal mentoring, coaching and sponsorship programmes for employees, membership organisations and universities.
RELOCATABLE
30
|
Jan
|
Bakery manufacturer acquired at 6.3x underlying earnings | BUSINESS SALE
Bakery firm Lees Foods has been acquired by listed bakery bu...
30
|
Jan
|
“Unique” intellectual property for sale as disability equipment firm enters by liquidation | ADMINISTRATION
The assets and intellectual property of disability equipment...
27
|
Jan
|
Administrators to sell assets as office furniture maker collapses | ADMINISTRATION
Bluespot Furniture, a West Yorkshire-based furniture manufac...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources