SpiriTel plc, the business communications service provider, has acquired the entire issued share capital of Nessco Limited, for an initial cash consideration of £1.2 million. The acquisition is SpiriTel’s eleventh since 2006.
Nessco is a provider of IP based telephony solutions and networking services to approximately 800 customers.
The company, which is based in Bellshill near Glasgow, is particularly strong in the healthcare, local government and hospitality sectors and customers include NHS Highland, Aberdeen City Council and Macdonald Hotels.
Established over 30 years ago, Nessco is renowned as one of the leading Mitel (News - Alert) resellers in the United Kingdom and, like SpiriTel, has the highest level of accreditation as a Mitel Premier Partner.
Nessco marks SpiriTel’s first acquisition in Scotland and, following the recent purchase of Boucon Network Solutions (News - Alert) in Wales, the Group is now one of the few service providers offering genuine nationwide engineering coverage.
Officials with SpiriTel said that the company expects to rapidly integrate Nessco into its Business Division, which now has offices in Bellshill, London, Wigan and Cardiff.
“Nessco represents a rare asset, possessing an excellent customer base, a long and successful track record of IP Telephony, specialising in Mitel solutions and supported by a highly skilled engineering team,” said Alastair Mills, chief executive of SpiriTel, in a statement.
Mills said that the Nessco’s operations are particularly complementary to SpiriTel’s and the company is confident of a swift and effective integration into the Business Division”
He said that the company is delighted to complete its first acquisition in Scotland, a deal of strategic importance to the Group, which will enable the company to offer genuine nationwide engineering coverage to the growing base of 4,000 business customers.
“Nessco has 30 years experience in Scotland and is recognised as a trusted provider of telephony solutions for business customers and a leader in converged communications solutions,” said Austin Davidson, managing director of Nessco, adding that the company is confident that SpiriTel represents a strong fit for both the company’s staff and customers.
Anil Sharma is a contributing editor for TMCnet. To read more of Anil’s articles, please visit his columnist page.
Edited by Kelly McGuire