Insights

Benchmark International Advises on the Sale of VCUK Services Ltd & VCUK Ltd to Communicate Better Limited

July 27, 2018

Benchmark International is delighted to announce the sale of South Wales based VCUK Services and VCUK (trading as Vision Communications) to technology provider, Communicate Better.

The acquisition of telecommunications company, Vision Communications, will enhance its product portfolio of telephony, IT, and vehicle telematics, whilst it retains its brand, management and staff.

According to a statement issued by Communicate Better, the company is aiming to hit £10 million turnover by the end of the financial year. The acquisition is expected to assist with this, as the company will be able to leverage Vision Communications’ customer base, expanding across the South West.

Paul Griffiths, Managing Director of Vision Communications, said, "The opportunity to be part of one of the UK's most established and fastest-growing providers of converged technology solutions was too good to turn down.

The acquisition brings huge benefits to our clients and the future looks very exciting."

Wayne Cartwright, Chief Executive of Communicate Better, commmented, “The acquisition further consolidates our position as a leading provider of converged solutions and spreads our reach across Wales and the south west of England.

The acquisition represents a significant increase in the number of mobile connections, with the potential to grow the business further.”

On behalf of everyone at Benchmark International, we would like to wish both parties every success for the future.

 

WE ARE READY WHEN YOU ARE

Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.

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