Following the acquisition of the direct broadband customer base of Griffin Internet, Halifax based Eurotel has announced its intention to make further value-based acquisitions during 2009.
Nick Williams, CEO of Eurotel sees the Griffin agreement as the springboard for an acquisitive year for the company.
“Everybody benefits from this acquisition. We grow our customer base whilst developing the excellent relationship we have with Griffin. Former Griffin direct broadband customers benefit from our commitment to exceptional customer service and wide range of voice and data solutions.”
“More than that, with the strong support of both our lead bankers and Inflexion, our private equity partner, this acquisition signals our clear intention to acquire more telecommunications businesses during 2009.”
“We believe that there is a good opportunity to consolidate the fragmented reseller base currently selling to SME’s.”
Eurotel is interested in talking to companies which currently serve the SME market with telecoms and data equipment, providing maintenance and support and reselling fixed or mobile voice and data.
In choosing Eurotel, Griffin Internet was looking for a communications provider that was better geared up to manage SME relationships. Customers transferring to Eurotel will remain on the high quality Griffin Business grade network.
Eurotel is a leading provider of complete communication services dedicated to the small and medium sized business community in the United Kingdom.
Established in 1992 and backed by our Private Equity Partner Inflexion since 2007, Eurotel employs over 340 staff serving customers nationwide from three key locations, with turnover in excess of £30m.
A complete communications provider, Eurotel provides voice, data and mobile hardware products, fixed and mobile voice and data network services and full maintenance and service support.
Chris Warham/John Butters – Insight Marketing +44 1625 500800
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