Acquisitions of both Concert and 5 Rings to further strengthen leading tech business
Unified Comms, Contact Centre and Cyber Solutions provider, Babble, has announced the acquisitions of both Concert (Concert Networks Limited) and 5 Rings (5 Rings Telecom Ltd and 5 Rings IT Ltd). The deals – which are the fifth and sixth completed by Babble in 2021 – extend the leading tech business’s UK-wide footprint, adding scale across the North-West and the South Coast.
The announcement continues the period of growth at Babble, with a highly successful buy and build strategy complemented by robust organic growth resulting in a transformational cloud technology business that now has over 25,000 UCaaS, 24,000 mobile and 4,000 CCaaS users, as well as a burgeoning Cyber, IT and MSP customer base.
As one of the earliest adopters of UC technology, Concert has quickly grown to become a highly trusted comms partner to businesses across Cheshire and the North-West. The deal further cements Babble’s presence and customer base across the region.
Since 2007, 5 Rings has deployed unrivalled flexible telecommunications solutions to SMEs. The acquisition will add scale to Babble Comms and materially build Babble Cyber, while expanding Babble’s footprint onto the South Coast.
Matt Parker, Chief Executive of Babble, said: “Our goal has always been to transform the way our customers work through the deployment of the right technology. Throughout 2021 we have completed a number of strategic acquisitions aimed to expand, deepen and strengthen our offering, allowing us to serve even more customers across the whole of the UK and beyond.
“Seeking out the UK’s most exciting, innovative tech businesses, that utilise local talent to bring a local touch from local bases is highly valuable to us. We’re delighted that the exceptional teams from Concert and 5 Rings are joining us on our journey to becoming the UK’s leading cloud technology business.”
Babble now has five hubs across the UK – London, North-West, Midlands, North-East and the South Coast – with 200 staff located nationwide. The business supports over 3,500 organisations across a broad range of sectors – including financial, health and education, travel and accommodation, and public services – by sourcing, deploying and supporting locally the very best cloud solutions to deliver increased efficiency, customer engagement and profitability, whilst protecting customers’ businesses.