Purdicom has announced today its purchase of the business assets of UKB Solutions. This move signals Purdicom’s new acquisition strategy that aims to boost its 25% annual growth – particularly in the CCTV sector – and rationalise the distributor channel for wireless manufacturers.
Under the terms of the deal, Purdicom will continue serving UKB Solution’s customers, primarily in the CCTV and security space. With the additional portfolio of products and Purdicom’s enhanced support, the company is expecting to double its business within eighteen months. The acquisition also promises to simplify manufacturers’ channel interactions – as they will only need to deal with one master distributor.
Hugh Garrod, managing director at Purdicom, said, “UKB Solutions is an excellent fit for us, as we serve complementary wireless markets and share many of the same vendors. This acquisition is significant, as it provides us with both expertise and customers in the CCTV & Security markets – so we can provide the same knowledge to all clients – utilising an extended equipment portfolio.”