Comms Group (ASX:CCG) has successfully completed a capital raising
Comms Group (ASX:CCG) has raised US$4.7 million via a placement to partially fund the Next Telecom acquisition and for further acquisitions which include a US$1.9 million conditional placement subject to shareholders’ approval. The placement was well supported by a broad range of Australia’s leading small cap institutional investors, existing shareholders and directors and senior management.
Comms Group is a leading business telecommunications service provider with a broad product suite, servicing SMEs and corporate mid-market customers and wholesale and partner customers. The company is well positioned to take advantage of strong growth in the corporate ICT market.
Oaklins’ team in Australia acted as the lead manager to the placement.
Comms Group, CEO and Managing Director
Talk to the deal team
Tet has acquired Telia Latvija from Telia Company
Tet, the leading technology and entertainment operator in Latvia, has acquired Telia Latvija – a B2B telecom services provider – from Telia Company in a competitive auction process. The sale price corresponds to an enterprise value of US$11.5 million on a cash and debt free basis, representing a FY 2021 EV/EBITDA multiple of 10.0x.Learn more
Skelia SARL has been sold to Nortal AS
Skelia SARL has been acquired by Nortal AS. Following the acquisition, Skelia’s strong presence in Ukraine and Poland will provide Nortal with a solid platform for growth. Together, the parties will be able to expand their business across geographies and time zones, sharpening their customer offering and creating additional opportunities for their global employee pool.Learn more
Critical Mention has been acquired by Onclusive
Critical Mention, a leader in media monitoring, will become part of Onclusive, a newly formed global partner for PR and communications success. The move combines Critical Mention’s media monitoring and media contact database tools with Onclusive’s suite of market-leading global media monitoring, measurement and management solutions.Learn more