Babble strengthens southern presence with two acquisitions
Cloud Comms, cyber and mobile technology business Babble has strengthened its presence in the south through two acquisitions.
Salisbury-based telecoms company Berry provides scalable solutions to 1,700 customers, according to a press release from Babble. It specialises in business phones systems, offering a range of products from IP phones to PBX systems, call recording and marketing scripts.
Similarly, East Sussex's Cavendish Communications provides telecoms to businesses and education establishments in the UK, serving 700 customers. It offers on-premise and cloud-based telephone systems, connectivity solutions and mobile services.
The acquisitions build on a period of significant growth for Babble. The London-based technology and telephony company has also recently acquired Yorkshire Telecom/Biscuit IT and ADSI.
Matt Parker, Babble CEO, said: “Berry and Cavendish have a strong track record of providing their customers with an exceptional level of service. Where we will add value is bringing even more innovation and variety with the technology we can offer.
“We’re delighted to welcome more great talent into Babble and together we can evolve the technology estates of our new customers to enable them to grow faster and more securely.”
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Berry Technologies Group was advised by BDO’s mergers and acquisitions team. Led by Duncan Lamb working out of the firm’s Reading office, BDO provided sell side lead advisory to Berry’s shareholders.
Hampshire law firm Paris Smith LLP was Berry’s lawyers for the deal. Babble was advised by James Cowper Kreston and Gateley, both of which have offices across the South East.
Duncan Lamb, partner at BDO, said: “We were delighted to support Paul, Simon and Jo-Anne on the sale of Berry Telecom Group to Babble.
“The transaction creates an exciting partnership for both companies by combining Berry’s fantastic reputation in the telecoms sector with Babble’s scale and UK-wide capabilities. The combined business has very exciting growth plans and we look forward to seeing the partnership achieve their ambitions.”
Paul Hallam, shareholder and director of Berry Technologies Group, said: “We are very grateful for the support of Duncan, James and Sam.
“Their hard work, dedication, persistence, and experience were invaluable in getting us through the process and delivering a superb outcome for the shareholders and the business going forward. We would thoroughly recommend BDO’s team for businesses considering a transaction.”
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