Less than 12 months after it launched Crown Telecom Solutions has made their first acquisition. Led by Mark Nicklin, Crown has acquired Strata Communications, a North West based installation, maintenance and communications engineering company. Established for over 20 years, Strata built a reputation for customer service and a strong customer base. The value of the deal is not disclosed.
“This is a perfect fit for us,” Crown Telecom managing director Mark Nicklin explained. “We offer a complete WLR3 service package with hardware, line rental, broadband/data services, mobiles and billing, whereas Strata is a pure engineering operation. This will add to our technical capacity at precisely the time when new accounts require us to expand the engineering side of our business.”
This may be the first of several buy-outs. Mark Nicklin explained, “An acquisition fund has been established to support the growth programme and we are keen to identify telecommunications companies, anywhere in the UK, that we can integrate into the Crown business.”
Crown Telecom has seen spectacular organic growth, winning major corporate accounts and work with SME’s throughout the UK. Operations director Graeme Jones explained, “Even before the Strata deal, we grew the business by 50 per cent in the last six months and see similar natural growth potential over the next trading period. This is a great time for people with talent and energy to come and join us.”