Go to deals
TMT

Comms Group (ASX:CCG) has acquired Switched On Australia

The acquisition of Switched On further strengthens the Comms Group’s position in the Melbourne market and adds over 900 SME customers and two additional sales staff to the team, which will drive organic growth and increase cross-selling opportunities. The acquisition is both EBITDA and EPS accretive and will add nearly US$3 million in annual revenue and approximately US$1 million in annual EBTIDA.

Comms Group is a leading business telecommunications provider with a broad product suite servicing SME and corporate mid-market firms, as well as wholesale and partner customers.

Founded by Leigh Schwarm, Switched On is a Melbourne-based, SME-focused telco company. It provides a range of services which include voice and data solutions, business phone systems, phone system maintenance and general managed IT and support.

Oaklins’ team in Australia acted as corporate and M&A advisor to the buyer in this transaction.

Service
M&A buy-side
Parties
“We are excited to welcome Switched On to the Comms Group business. The acquisition brings a strong SME customer base along with additional sales capabilities in our Melbourne office. We also welcome the founder of Switched on, Leigh Schwarm to the Group.”

Peter McGrath

CEO and Managing Director, Comms Group

Talk to the deal team

 Scott  McInnes

Scott McInnes

Managing Director
Melbourne, Australia
Oaklins Henslow

Related deals

Confirma Software has acquired Quick Systems
Private Equity | TMT

Confirma Software has acquired Quick Systems

Quick Systems AS has become part of Confirma Software, backed by Abry Partners.

Learn more
PSG Equity has made a strategic growth investment in Rodeo Software
Private Equity | TMT

PSG Equity has made a strategic growth investment in Rodeo Software

PSG Equity has made a strategic growth investment in Rodeo Software B.V., the leading project management SaaS platform, to accelerate its growth through increased GTM investment and geographical expansion.

Learn more
Majority stake in ESC has been acquired by Capital A Partners
Private Equity | TMT

Majority stake in ESC has been acquired by Capital A Partners

The Smet family has sold a majority stake in ESC to private equity firm Capital A Partners.

Learn more