Communicate Better heats up with Chilli Telecom acquisition
Two sister telecoms firms in Yorkshire have been acquired by Warrington-based Communicate Better.
Chilli Telecom and BE IP, based in Pudsey, have been acquired by the integrated technology provider for an undisclosed sum.
Acquisitive Communicate Better has previously bought Northampton-based Telemaxx, plus the business mobile phone specialist Vision Communications, based in South Wales.
The purchase of this latest telecoms provider offers Communicate Better the opportunity to expand its geographical coverage into the Yorkshire area and consolidates its ever-growing East Yorkshire presence that it has had after the previous purchase of TTS Communications in 2013.
Chilli Telecom was established in 2009 and specialises in the supply and installation of traditional telephone systems, maintenance and network services. The current offices in Pudsey are to remain in place, along with the staff.
Communicate Better chief executive Wayne Cartwright said: “We are delighted with this acquisition as it’s the third company that we have targeted this year.
“All three transactions have completed which is testament to the hard work and due diligence the team have put in.
“It’s a significant achievement completing multiple acquisitions at the same time, all three give us different opportunities to expand the business which is our ultimate strategy.”
Communicate Better were advised by Keith Kennedy of Pearson Legal and Sam Davies of Cowgill Holloway LLP.
Sam Davies, corporate finance director, who led the Cowgill Holloway Corporate Finance advisory team, said: “It’s been a busy few months for Communicate Better and we are extremely pleased that we have been able to help with this latest acquisition.
“Having worked with the guys at Communicate Better for many years now, we understand the strategy and are able to facilitate transactions that enhance the group’s position of becoming one of the UK’s leading business technology suppliers.”
Keith Kennedy, corporate partner at Pearson Legal, added: “We are once again delighted to have helped Communicate Better with its latest acquisition and look forward to continuing to help the group on its successful journey of the last few years.”
