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Tech Firm Babble Expands UK Reach with Double Acquisition

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London, UK, Aug 18, 2021 -- A communications, contact centre and cyber services provider has made a double acquisition which expands its reach further across the North West and South Coast.

London-headquartered Babble has snapped up Concert (Concert Networks Limited) and 5 Rings (5 Rings Telecom Ltd and 5 Rings IT Ltd) for undisclosed amounts.

The deals - which are the fifth and sixth completed by Babble in 2021 – extend the tech business’s UK-wide footprint.

Concert is located in Winsford, Cheshire, while 5 Rings has bases in West Sussex, Littlehampton and St Albans.

Babble chief executive Matt Parker said: "Our goal has always been to transform the way our customers work through the deployment of the right technology.

"Throughout 2021 we have completed a number of strategic acquisitions aimed to expand, deepen and strengthen our offering, allowing us to serve even more customers across the whole of the UK and beyond.

"Seeking out the UK’s most exciting, innovative tech businesses, that utilise local talent to bring a local touch from local bases is highly valuable to us.

"We’re delighted that the exceptional teams from Concert and 5 Rings are joining us on our journey to becoming the UK’s leading cloud technology business."

Babble now has five hubs across the UK - London, North-West, Midlands, North East and the South Coast - with 200 staff located nationwide.

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Posted by Veronica Silva Cusi, news correspondent
Source: https://www.business-live.co.uk

Date Posted: Thursday, August 19, 2021



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