Onecom, the UK’s leading business telecoms and cloud communications provider, has added thousands of fixed line and cloud customers and hundreds of channel partners to its portfolio in a deal with 9 Group
As part of the transaction 9 Retail, which has over 5,000 telephony, hosted voice and on-premise customers, becomes a Onecom Group company along with 9 Partners, which supports 450 indirect channel partners, providing a suite of integrated connectivity solutions, localised customer service and billing and analytics.
This strategic acquisition marks Onecom’s second major deal in as many months, following its acquisition of Olive Communications in February, and the fourth since leading mid-market private equity firm LDC backed the business in July 2019.
It creates a powerhouse group while moving Onecom’s product mix of mobile and non-mobile communications solutions to a broadly 50/50 split which includes a full range of broadband and data connectivity, cloud telephony, contact centre and collaboration services to complement its unrivalled mobile heritage.
Source: Private Equity Wire
