4Com, the Bournemouth-based provider of leading business telephone systems to UK SMEs, has announced the successful acquisition of the business telecoms customers from Bluebell Cloud Solutions Ltd.
This acquisition, which was completed on 25th January, is 4Com’s third in the past 9 months. Last year saw the acquisition of both Midlands-based Midshire Business Systems (Communications) Ltd, commonly known as Midshire Telecom and Norwich-based Eastern Telephones Limited, commonly known as Eastern Voice and Data. However, unlike the previous acquisitions which saw 4Com purchase entire companies, the Bluebell Cloud Solutions deal is acquiring the business telecoms customer base only, with the company itself continuing to trade.
Gary Scutt, 4Com’s Chief Executive Officer, explained, “When Bluebell Cloud Solutions reached out to us, we were naturally keen to explore their proposal of acquiring their business telecoms customers to support our ongoing growth strategy. As this was our first acquisition where we’ve bought a customer base rather than an entire company it was a new experience for us, and one which we’ve once again learned a lot from. We’re delighted to complete the deal with Bluebell and we look forward to building a strong relationship with our new customers”.
Ben Newbury, Director at Bluebell, commented “4Com were very clear from the outset how the process worked, were honest in their approach and pulled no last-minute tricks on price, as so commonly seen in the industry. At Bluebell we wanted funding to expand the business further, so we needed an injection of capital, that’s where 4Com came in and purchased a large part of our customer base. The process was finished within 6 weeks of our initial contact.”
Dean Cartledge, 4Com’s Chief Operating Officer, said, “We are very pleased with how smoothly the acquisition process has gone. I would like to thank the whole team at Bluebell for their help in making it possible to complete this deal. Acquisitions always require a lot of hard work and patience and Bluebell, along with our superb 4Com team, have worked tirelessly to create a smooth transfer of customers.”
Gary added, “These are exciting times for all of us here at 4Com. Our core business continues to grow, and we will also be pursuing further acquisition opportunities within the telecom industry to compliment and further that growth.”
For more information on 4Com’s acquisitions process, and to request an informal, private conversation, please visit: https://www.4com.co.uk/acquisitions/
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