We have advised cloud solutions firm, Babble Cloud Holdings Limited, on the acquisition of Ultra Communications Holdings Limited and its subsidiaries (Ultracomms).
The acquisition is the first completed following the investment by Graphite Capital, which valued the business at £90m, and continues Babble’s rapid buy-and-build strategy. The deal has doubled the size of their contact centre business, Babble Contact, which it launched in 2019.
Lead partner on the deal, Andrew Peddie, said: “We are delighted to have advised Babble on another exciting acquisition. We look forward to further supporting Babble on their impressive growth plans in the future.”