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.
Posted by Veronica Silva Cusi, news correspondent
Source: https://www.business-live.co.uk
About Babble:
Babble is a technology business reimagining how we all work. Founded in 2001, the company has helped 2,000 customers with cloud-based solutions that enhance efficiency, flexibility and customer loyalty.Since it was backed by private equity firm, LDC, in 2017, the company has grown through completing five acquisitions with high recurring revenues. The business has over 10,000 cloud-based users, 10,000 mobile connections and 2,000 CCaaS seats.
Published: Thursday, August 19, 2021
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