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New Deal


Announced

Completed

Babble completed the acquisition of TechQuarters.

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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United Kingdom

computer support

Friendly

Completed

Private

Digital Services

Majority

Acquisition

Domestic

Single Bidder

Synopsis

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Babble, a provider of unified communications services, completed the acquisition of TechQuarters, a Microsoft cloud solution provider. Financial terms were not disclosed. “We’re already a Microsoft Gold Partner holding Microsoft Cloud Solution Provider status, growing faster than any other Microsoft Cloud Solution Provider partner. This deal accelerates our capabilities for the full range of Microsoft Solutions that businesses rely upon and cements Babble as the only UK Cloud Service Provider of both Comms and IT MSP solutions at scale," Matt Parker, Babble CEO.

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