Comms Group (ASX:CCG) has acquired Binary Networks
Comms Group (ASX:CCG), a cloud communications, data and value-added services provider, has acquired Binary Networks.
Comms Group is a leading business telecommunications service provider with a broad product suite, servicing SMEs and corporate mid-market customers. The company delivers on its three key strategic growth pillars of international (16 points of presence globally covering more than 100 countries), domestic (through the CommsChoice and Next Telecom brands) and wholesale and partner services.
Binary Networks is a Melbourne-based, B2B communication service provider that focuses on leveraging technological advances in communication to deliver more agile, innovative and cost-effective solutions to business. Products and services include hosted PBX, SIP Trunks, VoIP systems and handsets, ADSL2+, fiber, EFM, PSTN, NBN, hosting and all networking equipment.
Oaklins’ team in Australia acted as advisor to the buyer in this transaction.
Talk to the deal team
M80 Partners has acquired Luminis
Belgian private equity fund M80 has acquired a majority stake in Luminis. M80 offers to software and technology company Luminis the opportunity to further expand its strategy and market position internationally. Luminis becomes part of a platform that also includes XPLUS, a Belgian expert in enterprise IT architecture. M80 plans to make further selective acquisitions in Europe in the coming months with the aim of bringing together a portfolio of best-in-class digital transformation specialists.Learn more
The Digital Transformation Group has raised debt to acquire OnePLM
The Digital Transformation Group, a portfolio company of Holland Capital, has raised debt to acquire OnePLM.Learn more
Confirma Software has acquired Quick Systems
Quick Systems AS has become part of Confirma Software, backed by Abry Partners.Learn more