Babble Cloud's acquisition of Corporate Management Telecom
Essex-based CMT has been providing information technology services and solutions for over 20 years. They offer business telephony and cloud-based services including voice, system hardware, IT and mobile to over 500 customers.
Babble have embarked on an ambitious targeted buy-and-build programme since they partnered with private equity investor LDC in 2017. CMT marks their third acquisition this year, and their fifth since 2017, and takes them closer to their £100m revenue target.
Partner, Andrew Peddie, who led on the deal said: "We are proud to have advised Babble on all five of their acquisitions since 2017 and we look forward to continuing our strong relationship as they further pursue their exciting expansion plans.”
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