Comms Group (ASX:CCG) has acquired Next Telecom
Comms Group (ASX:CCG) has acquired Next Telecom.
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. Post acquisition, Comms Group will have revenues of circa US$25 million and annualized pro-forma EBITDA of over US$3 million, including synergies.
Established in 2008, Next Telecom is a telecommunications service provider servicing the medium-sized corporate business markets in Australia. The company offers national broadband network (NBN) products, corporate fiber, cloud IP telephony and managed IT services.
Oaklins’ team in Australia acted as advisor to the buyer in this transaction.
Talk to the deal team
Managing DirectorMelbourne, Australia
esignatur has been acquired by Scrive
esignatur has been acquired by Scrive, a portfolio company of Vitruvian Partners. esignatur and Scrive both specialize in digital signing solutions and complement each other with strong geographical and sector reach.Learn more
GAC Business Solutions has been acquired by Broad Horizon
GAC Business Solutions, the leading digital transformation partner in the Dutch market, has been acquired by Dutch IT company Broad Horizon B.V. By joining forces, GAC and Broad Horizon will be better equipped to serve customers, employees and other stakeholders, and will be able to expand their client base in the Benelux market, hereby becoming the Microsoft market leader for Business Central within this region.Learn more
House of Thor has acquired Zenitel through a cash tender offer and delisting
3d investors, a family investment company, through its subsidiary House of Thor, has acquired and delisted Zenitel.Learn more