This follows last week’s acquisition of part of Fairfield Telecom’s customer base and is 4com’s eighth acquisition in 16 months. As with the Bluebell, Meridian and Fairfield acquisitions, this latest deal will see 4Com purchase part of the customer base, with FutureTel itself continuing to trade.
FutureTel was established in 2019 and provides an extensive range of telephony, security, and IT solutions for businesses throughout UK.
Gary Scutt, chief executive officer, 4Com, explained, “We are thrilled to welcome FutureTel’s valued customers to the 4Com family. Being able to complete this customer base purchase so quickly after our Fairfield deal demonstrates how proficient we have become in completing acquisitions.
“With more on the horizon, this continues to be an exciting time for us, and I’d like to invite any businesses thinking of selling their whole business or customer base, no matter how big or small, to get in touch.”
Mark Blackwell, managing director, FutureTel, added, “Today’s announcement represents an exciting new chapter for FutureTel, and we are very pleased with the smooth and successful completion of this sale.
“I’ve appreciated working with the 4Com team to complete the deal; they’ve been honest and open about what they were looking for, and that’s helped to bring it to a swift conclusion. We’re now looking forward to our next steps thanks to the funds generated by this sale.”