A Bournemouth-based telecoms equipment supplier has completed another acquisition within six months of its first ever buyout in its 23-year history.
4Com, which supplies phone systems to more than 10,000 businesses, has followed up its purchase of West Bromwich outfit Midshire Telecom in May, by buying up Norwich-based Eastern Voice and Data for an undisclosed sum.
Chief executive Gary Scutt said: “We talk to a lot of companies as part of our acquisitions process, and from the outset we were impressed with how the team at Eastern have grown their business.
“As with our acquisition of Midshire Telecom, there is a tremendous amount of opportunity here, and we’re looking forward to welcoming them into the 4Com group.”
John Pennington, director at Eastern, thanked his team at the 30-year-old firm, saying: “We are extremely proud of the reputation that we have forged in the industry. On behalf of the directors, I’d like to thank our incredibly talented team for their hard work in helping us to reach this point.”
Bosses at the expanding 4Com said the business was keen to talk to other telecoms companies considering selling their entire business, or part of their customer base.
Read next:
- Four South West firms among the 50 fastest-growing tech companies in UK
- Fresh Poole housing plans submitted as part of £15m project
- Historic Poole manufacturer collapses into administration
- Same-day distribution firm CitySprint acquires Dorset courier
Like this story? Why not sign up to get the latest South West business news straight to your inbox.
