Connexin’s acquisition of Pure Broadband add 15,000 customers to the business, as well as increasing the workforce to nearly 150 people. Existing Pure Broadband customers will see no change to their service or billing.
Tony Jopling, managing director at Pure Broadband, said, “This merger will present more opportunities for both our people and our customers. Seeing Connexin develop over the years, it’s become clear that we have a shared ethos.
“Not only do the people of Hull and East Riding deserve to have a greater choice of broadband services, but also a quality that is next level to enhance the customer experience for all. As we unite with Connexin, I’m confident that the move will make our ambition become a reality.”
Furqan Alamgir, co-founder and CEO of Connexin, added, “This acquisition brings together two of the best technology companies in the region and I’m very proud to be welcoming Pure Broadband to the Connexin Group.
“I would like to thank the shareholders at Pure Broadband for trusting us to take the business forward, along with Tony and the Pure team for joining us on our mission to create the best digital experience for the people of Hull and surrounding areas. The acquisitions of Wisper and Pure Broadband, along with the roll-out of our own full fibre network, demonstrates our commitment to the region and investment into the local economy.”
Connexin was supported with the transaction by Orrick (legal) and RSM (financial and tax due diligence).
In the main image above, Connexin and Pure Broadband colleagues are pictured together. From left to right, Jaak Cheshire, general manager, Pure Broadband, Tony Jopling, managing director, Pure Broadband, Furqan Alamgir, CEO, Connexin , Alex Yeung, COO, Connexin.