Benchmark International is delighted to announce the sale of South Wales based VCUK Services and VCUK (trading as Vision Communications) to technology provider, Communicate Better.
The acquisition of telecommunications company, Vision Communications, will enhance its product portfolio of telephony, IT, and vehicle telematics, whilst it retains its brand, management and staff.
According to a statement issued by Communicate Better, the company is aiming to hit £10 million turnover by the end of the financial year. The acquisition is expected to assist with this, as the company will be able to leverage Vision Communications’ customer base, expanding across the South West.
Paul Griffiths, Managing Director of Vision Communications, said, "The opportunity to be part of one of the UK's most established and fastest-growing providers of converged technology solutions was too good to turn down.
The acquisition brings huge benefits to our clients and the future looks very exciting."
Wayne Cartwright, Chief Executive of Communicate Better, commmented, “The acquisition further consolidates our position as a leading provider of converged solutions and spreads our reach across Wales and the south west of England.
The acquisition represents a significant increase in the number of mobile connections, with the potential to grow the business further.”
On behalf of everyone at Benchmark International, we would like to wish both parties every success for the future.
WE ARE READY WHEN YOU ARE
Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkCorporate.com
Europe: Carl Settle at +44 (0)161 359 4400 / Settle@BenchmarkCorporate.com
Africa: Anthony McCardle at +2721 300 2055 / McCardle@BenchmarkCorporate.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximising solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.