Communicate Better have yet again expanded their business by the acquisition of Salford based ConvergeOne for an undisclosed sum. It is the third acquisition by the integrated communications provider this year, which will enable the business to reach their target of doubling their turnover for the third year running.
The purchase of ConvergeOne, an IT and Cloud Solutions specialist, will enable Communicate Better to greatly enhance its cloud services provision, as well the chance to provide new product offerings to the existing customer base. ConvergeOne will become part of the Communicate Better group, but will continue to operate under the ConvergeOne name. Existing staff are being retained, bringing additional technical expertise to the company and taking Communicate Better’s employee numbers to over 60. The acquisition includes a number of key contracts and a wide range of customers within the legal and associated sectors.
Wayne Cartwright, CEO of Communicate Better, commented “We are very pleased to have been able to complete the acquisition of ConvergeOne, which will help us achieve a turnover of around £8 million this financial year, a target we set for ourselves at the beginning of the year. I am really excited about the opportunity the purchase provides for us to improve our cloud offering. I believe it has accelerated our development by around two years and also offers a significant opportunity for cross sales. We have no plans for further acquisitions in the remainder of the year and shall spend our time consolidating the business and ensuring continued customer service for all of our customers. However, needless to say, we are now looking for larger premises within the region to accommodate our growing team!”
The acquisition comes after Communicate Better acquired SCT Systems and TTS Communications earlier this year and also won the prestigious accolade of Reseller of the Year at the Comms Business Awards, for an unprecedented second year running.
Communicate Better were advised by Keith Kennedy, Corporate Partner at Berg Solicitors who commented: “We are delighted to have helped Communicate Better with its latest business purchase and look forward to continuing to help the Group build on the success of its recent acquisitions.”