Daisy Completes Second Acquisition of 2007

Daisy Communications Ltd (daisy) has completed its second acquisition of the financial year, taking over more than 300 customers from Essex-based communications company Abycom Ltd.

The deal, worth an estimated £1.2 million to Daisy over the next 18 months, will see customers transfer to the Lancashire-based fixed line communications provider, with the first bills issued next week.

Abycom has been a reseller partner of Daisy for the last two years and its 300 end-user customers will now be billed and supported by Daisy.

Daisy finance director Matt Peters said the deal was further evidence of the company’s intention to strengthen itself through acquisition as well as organic means.

“Customers will continue to enjoy the same high standard of care and provision they received from Abycom. However as Daisy specialize in providing communications to the small-medium sized enterprises, they will now be able to take advantage of an improved service offering including broadband, data and mobile solutions,” he said.

“As with previous acquisitions that Daisy has undertaken, we have been able to swiftly take over customer care and billing, with the integration successfully completed within a matter of weeks.”

Abycom managing director Mark Blackaby has paid tribute to the Daisy team that made the acquisition possible.

“I have worked closely with some key people at Daisy over the last couple of years and the manner in which they have dealt with the company has been admirable and professional,” he said.

“On an individual basis I have worked closely with Daisy’s director of channel partners Mark Hickey, and he has played an instrumental role in Abycom’s success over the last two years and in the recent acquisition.”

Abycom will continue to resell but the company will now mainly focus on Samsung telephone systems, further developing its 10-year-old maintenance division, while also operating as a Daisy business partner, contributing to Daisy’s unique position in the marketplace, operating no direct sales force and selling only through the channel.

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