4Com, the Bournemouth-based provider of business phone systems to UK SMEs, has announced their latest acquisition; the purchase of 80 customers from Connect365 Limited. Marking the 15th acquisition since 2022, 4Com’s acquisition drive has now added over 6,000 customers in total. Connect365 are a Cambridgeshire-based company, previously known as Mick George Telecoms when it was formed in 2017, and they will be continuing to trade after the deal with 4Com.
Gary Scutt, 4Com’s Chief Executive Officer, commented, “We’re delighted to welcome 80 customers from Connect365 and would like to thank Jon and his team for their help with completing this deal. This latest acquisition showcases our commitment to both expanding our reach and continuing to provide high-quality telecommunication solutions to businesses across the UK. With this in mind, I’d like to reiterate that we will continue to welcome discussions from any other businesses looking to sell either their business as a whole, or customer bases.”
Jon Stump, Connect365’s Director, added, “This deal with 4Com is an exciting development for the future of Connect365 and our valued customers. After initial discussions with 4Com, we had every confidence that the deal would progress smoothly with full transparency along the way, and we were pleased to be proved right. We trust that with 4Com’s expertise and services, our former customers will be in the best hands.”
Dean Cartledge, 4Com’s Chief Operating Officer, commented, “To say this time last year we had only completed 3 acquisitions, and we have now completed our 15th is absolutely remarkable and an incredible achievement. We are proud of the positive feedback that we receive about the smooth and straightforward process of our acquisition deals; a reputation we are committed to uphold. I’d like to thank the teams at both 4Com and Connect365 for their hard work and dedication throughout the whole process and look forward to welcoming our new customers to the 4Com family.”
Haydn Neville, 4Com’s Acquisitions Manager, added, “It was an absolute pleasure to work alongside Jon and his team to complete our latest deal. I wish them all the best and I look forward to seeing what the future has in store for Connect365. I’d like to remind any other businesses that are interested in selling their company as a whole, or a customer base, to get in touch. I will always be as transparent as possible about what we’re able to offer, and I’m happy to have informal discussions with any telecom companies that are interested in selling.”
For more information on 4Com’s acquisitions process, and to request an informal, private conversation, please visit: https://www.4com.co.uk/acquisitions/