PMGC has acquired 100% of the shares of Pure for an undisclosed sum. In the first industry deal of its kind where two ‘Vodafone Total Communication Partners’ have merged; the combined enterprise becomes the UK’s third largest independent provider of mobile solutions with over 70,000 connections and annual revenues of between £16m to £20m.
Together PMGC and Pure will create a capability and expertise to serve a broad range of companies and market sectors. In a future of Unified Communications, where communications are integrated to optimise business processes, the new deal delivers critical mass and scale to enable PMGC to become one of the largest independent telecoms and IT fully managed solutions providers from its six UK offices (London, Birmingham, Bristol, Edinburgh, Northampton, Manchester) and with an increased headcount of 110.
Shez Cheema, will remain as CEO of the enlarged business.
Shez Cheema, CEO of PMGC, commented, “Growing the business organically and moving us from a pure play fixed and mobile provider to a unified telecoms and IT fully managed service provider is now our sole focus. The acquisition of Pure provides us with the perfect launch pad, increased critical mass, capability and expertise, to enable some ambitious longer term strategic aims that include IP voice, IT hosting and Cloud computing.
“Ultimately, it’s about being able to offer our customers unparalleled service and account management, but at the same time introducing new innovative technologies and solutions to enable customers to fuel their continued growth. Talent acquisition and development have always been key and will remain so. We will continue to invest in our employees to assist them in achieving their personal career goals. Further capability based acquisitions are being considered, and we are in discussions with a number of strategic IT, mobile and fixed line partners.”
Helen Freestone, Partnership and Alliances Director at Vodafone UK, commented, “It’s very exciting news to see two strong Vodafone Total Communication Partners coming together.
Combining their range of skills in mobile, Unified Communications and IT services will be fantastic for customers as businesses increasingly look for fully integrated communications and technology support.”