Fri, 17 May 2024 | BUSINESS SALE
Business communications provider Focus Group has continued its acquisitive growth with the takeover of a telecommunications firm based in Buckinghamshire. The acquisition of telecoms firm Entropie is Focus Group’s eighth of the year.
The acquisition will help bolster Focus’ presence in the central regions of the UK and the company believes that the deal places it in a strong position to scale up its services across the area as it seeks to tap into new markets.
Entropie, which is based in Milton Keynes, is a provider of voice and data solutions. The company is based in close proximity to the offices of Boxx Communications, a comms and connectivity specialist that Focus Group acquired in October 2023.
Focus Group said that the company brings “a set of complementary capabilities, a proficient team and a commitment to delivering an outstanding customer experience to the table”, adding that the acquisition underpins its “ambition to provide best-in-class solutions and expertise across the UK, whilst ensuring its customers receive the attention they need at a local level.”
Tom Jones of Focus Group’s M&A team commented: "It’s been an incredibly busy year for Focus Group and we’re delighted to be sharing more positive news. Entropie is a business that has all the characteristics we look for when we’re on the acquisition trail – reputation, solid performance, similar product set with high-recurring revenues and a customer-centric approach - so we’re delighted to welcome the team on board."
Entropie Managing Director Hetan Mistry said: "After 24 years of building Entropie into a respected leader in our industry, we are thrilled to embark on the next chapter of our journey. We are confident that joining Focus Group represents the best path forward for our future. Their track record of success assures us that they are the ideal partner to help us continue our legacy of excellence."
Find out more about M&A in the UK telecoms industry
Seeking a suitable purchaser for this highly specialist SaaS platform, which offers exemplary support and resources to UK businesses in relation to tax and HR compliance within the evolving contingent workforce sector.
This SaaS and CPaaS communication platform, located in Dublin, boasts a prestigious blue-chip client base and 95% client retention. With leading products that enhance customer satisfaction through deeply personalised interactions.
Opportunity to acquire a financial software provider with an integrated suite of cloud-native banking solutions. The business boasts a mature, modular software suite and an established global customer base.
Looking for more businesses? Try our off-market tool.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.