Onecom has snapped up IT services provider IMS Technology Services.
The deal adds more than 600 customers to Onecom’s books, the Vodafone, Microsoft, Google, Mitel, Samsung, Apple, Gamma and Five9 partner said.
Onecom’s revenues increased by over 80 per cent to reach £169 million in calendar 2021 primarily due to its aggressive M&A strategy. Founded in 2002, it has been backed by mid-market private equity firm LDC since 2019.
OneCom CEO Martin Flick said the acquisition builds on OneCom’s mission to extend its geographic footprint and technical capabilities.
“In addition, IMS Technology has demonstrable strength in serving its customers with leading communication technology solutions and IT support services to an established customer base that is a complementary fit,” he said.
Half of OneCom’s top line is now generated from outside its traditional mobile stomping ground, the firm revealed in its recent annual accounts.
