Go to deals
TMT

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.

Service
Funding, debt advisory & ECM
Parties
“We are really pleased to welcome Next Telecom to the Comms Group overall business. Next Telecom is a leading and innovative service provider targeting mid-sized corporate customers, with a strong reputation for high levels of customer service. We are also very pleased to receive such a high degree of support for the capital raising from a range of new institutional and sophisticated investors.”

Peter McGrath

Comms Group, CEO and Managing Director

Talk to the deal team

 Justin  Lewis

Justin Lewis

Managing Director

Melbourne, Australia
Oaklins Henslow
 Scott  McInnes

Scott McInnes

Managing Director

Melbourne, Australia
Oaklins Henslow

Related deals

Matera has acquired a majority stake in Onidata Tecnologia
Private Equity | Financial Services | TMT

Matera has acquired a majority stake in Onidata Tecnologia

Matera has acquired a majority stake in Onidata Tecnologia.

Learn more
OBI4wan has been acquired by Spotler Group
Private Equity | TMT

OBI4wan has been acquired by Spotler Group

Netherlands-based OBI4wan, the all-in-one solution for customer service, chatbots, online and offline social media monitoring, and media insights, has been acquired by Spotler Group. By joining forces, Spotler and OBI4wan will be able to extend their current product offering and expand their position as a group to a truly omni-channel, data-driven marketing communication software provider.

Learn more
Leading UK healthcare SaaS business acquired by Canada’s premier wellness platform
Private Equity | TMT

Leading UK healthcare SaaS business acquired by Canada’s premier wellness platform

TicTrac Ltd has been sold to Dialogue Health Technologies.

Learn more