Wed, 14 Apr 2021 | BUSINESS SALE
WHP Telecoms, which is backed by private-equity firm Equistone Partners Europe (Equistone), has continued its acquisition drive with the takeover of wireless design firm Blue Clarity Design Services. The deal, for an undisclosed sum, is WHP Telecoms’ second acquisition of the year and third since Equistone completed an MBO in 2018.
Following the MBO, the company adopted a strategy of targeting both organic and acquisitive growth. The company made its first acquisition in December 2019, with the takeover of Sitec Infrastructure Services. This was followed by its acquisition of Redhall Network Solutions in March 2021.
Based in Warrington, WHP has seven offices and around 700 staff. The company provides infrastructure support and deployment solutions for the UK telecoms sector, working with operators including BT, O2 and EE.
The company’s latest acquisition, Blue Clarity Design Services, is headquartered in County Down, Northern Ireland and also has a regional Glasgow office. It is a wireless design firm providing acquisition and design services to multi-site providers, operators and small works contractors in the UK and Ireland.
The acquisition gives WHP Telecoms the ability to in-source design and surveying capabilities and further grow its market share within the telecoms sector.
WHP CEO Rob Potter (pictured above) commented: “The team at Blue Clarity have developed an excellent reputation for their design capability in recent years and we are delighted to be welcoming them into WHP.”
“Design expertise and capacity are key enablers to delivering the high-volume complex programmes that our customers require. This acquisition strengthens the engineering base of the group and adds to our technical offering.”
Potter added: “This transaction closely follows our recent acquisition of Redhall Network Solutions and we believe that this further strengthens our client service offering, which will benefit the UK’s communication networks as investment in 5G and fibre gathers pace.”
In WHP’s most recent accounts, for the year ending May 31 2020, the company reported post-tax profits of close to £7.5 million on revenue of £80.1 million, up from £1.9 million in profit on £64.4 million turnover in 2019.
Read more about pursuing acquisitions with private equity backing.
Find businesses for sale here.
If you are looking for an exit, we can help!
Established in the 2000s, the company specialises in an array of medical monitoring solutions within sterile services and endoscopy departments within the healthcare sector, using cutting edge cloud-based systems and cloud data storage.
Launched in 2012, the company built a reputation as a pioneer in sustainable event technology solutions. They enhanced attendee engagement and streamlined event operations through its innovative tools, serving conferences, exhibitions, and corporate...
Fantastic opportunity to acquire a majority or part-shareholding in a managed service provider/IT support solutions business, servicing a broad range of B2B clients with exponential growth opportunities.
22
|
Jan
|
Professional services firm AAB goes past £100 million in revenue after Irish deal | MERGER
Professional services firm AAB has raced past the £100...
22
|
Jan
|
Fred Done strikes a deal for Golf Holidays Direct | BUSINESS SALE
A golf holiday business has been bought by a travel agency o...
22
|
Jan
|
AA Jones Electric charges to £1.5 million management buy-out deal | MBO/MBI
Hull-based electrical wholesaler AA Jones Electric has struc...
13
|
Jan
|
QuestGates continues expansion with Brownsword deal | BUSINESS SALE
Private equity-backed QuestGates, the UK's largest inde...
28
|
Apr
|
WHP makes third acquisition in a month | BUSINESS SALE
WHP Telecoms has continued its recent acquisition spree with...
17
|
Dec
|
Travel Counsellors to explore £200m sale | BUSINESS SALE
The owners of Manchester-based holiday planner Travel Counse...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.