Business telephone systems supplier 4Com’s expansion continues at pace after the company completed its second deal within eight days.
The Bournemouth-based firm has now secured eight acquisitions in 16 months as part of its growth strategy. Its latest agreement will see it take on the part of the business telecoms customer base of FT Security Systems, which trades as FutureTel.
Hampshire-based FutureTel also provides a range of telephony, security, and IT solutions for business throughout the Ƶ. Financial details of the deal were not disclosed.
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It follows 4Com’s purchase of Kent-based Fairfield Telecommunications’ business customer base last week. The Dorset company’s total client base has grown to around 13,000 clients, following the purchase of Midshire Telecom, Eastern Voice and Data, Reach Digital Telecoms, Southern Business Communications and the telecoms customer bases of both Bluebell Cloud Solutions and Meridian IT Communications.
As with the Bluebell, Fairfield and Meridian acquisitions, this latest deal will see 4Com purchase part of the customer base, with FutureTel itself continuing to trade.
Gary Scutt, 4Com’s chief executive, said: “We are thrilled to welcome FutureTel’s valued customers to the 4Com family. Being able to complete this customer base purchase so quickly after our Fairfield deal demonstrates how proficient we have become in completing acquisitions. With more on the horizon, this continues to be an exciting time for us, and I’d like to invite any businesses thinking of selling their whole business or customer base, no matter how big or small, to get in touch.”
Mark Blackwell, FutureTel’s managing director, said, the deal represented “an exciting new chapter” for the business, adding: “We’re now looking forward to our next steps thanks to the funds generated by this sale.”
