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New Deal


Announced

Completed

Radius Payment Solutions completed the acquisition of Connect Total Communication.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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telecom services

Completed

Single Bidder

Acquisition

United Kingdom

Private

Majority

Friendly

Telecommunications Services: Other

Domestic

Synopsis

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Radius Payment Solutions, a diversified provider of B2B services including telecoms, fuel cards, vehicle tracking and insurance, completed the acquisition of Connect Total Communication, a supplier of telecoms solutions. Financial terms were not disclosed. “We are really looking forward to working with Matthew Brown and his team as they have built a really strong business based around both excellent products and great customer service. Our plan is to continue to build on this base and add some of the other elements we have been developing within our telecoms division which will help us accelerate going forward. We welcome Matt and the team to the group and look forward to working closely together over the coming weeks and months,” Bill Holmes, Radius CEO.

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