Listen here instead:
Babble is continuing its rapid growth, with two new acquisitions announced today, building on its bold buy-and-build strategy of recent years. The British cloud technology company has announced the takeover of Corporate Wardair Limited (CWL) and Avandda, meaning it has now made a remarkable 27 acquisitions since the start of 2019, with 12 in the past year.
The latest acquisitions will strengthen Babble’s growing Mobile and Comms business pillars, as it continues its mission to transform the ways ambitious businesses use next-generation technology. With the economy looking increasingly unpredictable for the year ahead, SMEs across the UK are facing plenty of uncertainty in the coming months – investing in the right technologies could be the crucial lifeline that helps these businesses remain resilient and set themselves up for future growth.
CWL is a Gateshead-based mobile services provider, currently serving 7,700 O2 mobile connections and therefore strengthening Babble’s Mobile arm, whilst cementing the company as a key O2 partner. The acquisition will build on the O2 connections inherited from ADSI and Vivio, which Babble acquired last year.
Based in Cheshire, Avandda, provides telecommunication and IT services to 320 customers across multiple sectors, adding scale to Babble’s Comms pillar. It also strengthens Babble’s presence in the North West, following the previous acquisitions of Vivio, Concert and Active.
In January, Babble was named the UK’s second most acquisitive company by ICON Corporate Finance. The reason behind this growth stems from an ambition to become the UK’s largest provider of managed cloud services, providing support across the entire country but delivering on local needs through regional hubs. Inflationary pressures and a looming recession make for a stark outlook for many businesses in 2023. Babble’s solutions empower business leaders to focus their time on long-term ambitions rather than worrying about being left behind.
Matt Parker, Babble CEO, says, “The challenges British businesses are facing make us more determined than ever to become a stronger partner for SMEs by continuing our growth. CWL and Avandda are the latest part of this journey and will add scale to our Mobile and Comms pillars, bringing important expertise and benefits to Babble and our customers, as well as adding some fantastic new customers and mobile connections to our network. We’ll be sharing our own experience across contact centre, cyber, mobile and communications to a raft of new customers, helping them grow faster and advance different areas of their organisations. We’re determined to continue expanding our footprint across all corners of the country, whilst providing local, personal support to the businesses that make up the backbone of the UK’s economy.”
