Announced
Financials
Sources
Tags
Majority
Acquisition
IT Services: Other
it services
telecommunication services
United Kingdom
Domestic
Private
Pending
Friendly
Single Bidder
Private Equity
Synopsis
Mayfair Equity Partners-backed Nasstar, an application service provider supplying software, agreed to acquire KCOM, a B2B managed connectivity, unified communications, and cloud services provider. Financial terms were not disclosed. “KCOM will form a vital part of Nasstar’s growth strategy, and it will be integrated into the business, adopting new, efficient, and scalable systems, and enabling customers to access an enhanced product set. We recognise the value and opportunities the combination of KCOM’s people, capabilities and customers represent and we are confident our strategy will turn this potential into long-term growth and success," Wayne Churchill, Nasstar CEO.
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