DEAL EXPANDS ONECOM FOOTPRINT

Hampshire-based cloud specialist Onecom has gone on the acquisition trail again, this time buying Telecomms contractor Solution IP.

The deal is Onecom’s second acquisition of the year and will see the Bristol-based firm’s teams and customers come into the Onecom fold.

Martin Flick, Onecom Group CEO, said: “As we continue to grow, supported by LDC, we are delighted to welcome the Solution IP team and customers to support our mission to extend our geographic presence by acquiring strong businesses that share our culture, values and ethos.

“Solution IP has demonstrable strength in serving both enterprise and SME customers with leading communication solutions and their established customer base is a perfect fit.

Since its establishment in 2002, the Whiteley-headquartered Onecom has grown to employ more than 600 people in offices across the UK.

Among its strategic partners are Vodafone, Mitel, Samsung, Apple, Microsoft, Gamma and Five9.

Last year Onecom acquired its closest rival, High Wycombe-based Olive Communications. That was followed two months later by the purchaes of Gloucestershire comms business 9 Group.

In this latest deal Onecom was advised by Thames Valley Deal Awards sponsors Shoosmiths and HMT.