LDC-backed Onecom completed the acquisition of Nice Network.

LDC-backed Onecom, one of the UK’s largest independent business telecommunications providers, completed the acquisition of Nice Network, a provider of business communications and IT. Financial terms were not disclosed. "The telecommunications sector is playing a crucial role in supporting the operational resilience of businesses across the UK and will continue to do so as we look ahead to the next three years. We are pleased to welcome Nice Network to the Onecom Group. Chris Lee and his team have achieved an outstanding reputation as a regional leader in the North East and we are looking forward to working with them as part of Onecom," Christian Craggs, Onecom Director of Strategy and M&A.