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New Deal


Announced

Completed

FourNet completed the acquisition of Nowcomm.

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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Private

United Kingdom

Domestic

telecommunications services

Friendly

Majority

Single Bidder

Acquisition

Completed

Telecommunications Services: Other

Synopsis

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FourNet, a transformation and customer experience experts, completed the acquisition of Nowcomm, a telecommunications service provider. Financial terms were not disclosed. “We warmly welcome Nowcomm into the rapidly expanding FourNet family. As one of the leading Cisco partners in the UK, they bring with them a wealth of specialist skills and expertise which will enable us to provide a significantly enhanced cybersecurity, networking and collaboration offering to our customers – from central government to blue light and other critical services," Richard Pennington, FourNet Co-Founder and CEO.

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