Announced
Synopsis
Inflexion-backed Radius Payments, a payment and fleet services company, acquired Adam Phones, a leading independent service provider in mobile and fixed line communications. Financial terms were not disclosed. Simon Turner, Managing Partner, Inflexion, stated: “Radius has an ambitious growth strategy and this strategic acquisition is a significant milestone for the company in building their new telecommunications division. We look forward to supporting future acquisitions to assist Radius’s expansion.”
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