The acquisition is Onecom’s fourth during 2021
Onecom has continued its acquisitive streak after acquiring Russell Telecom Ltd.
It represents the fourth acquisition that Onecom has made in 2021, following the high profile acquisitions of Olive Communications, 9 Group and IP Office Ltd.
The takeover has been backed by mid-market private equity firm LDC, with the acquisition adding 1,500 to the Onecom Group.
Based in Gateshead, Russell Telecom has served the business telecom sector for over 35 years.
Onecom Group CEO Martin Flick said: “Our businesses are a perfect match and this transaction, our fourth in 2021, supports our strategy of acquiring strong businesses that share our culture, values and ethos and our commitment to providing exceptional products and solutions to UK businesses of all sizes.
“Russell has demonstrable strength in the education sector which is an excellent complement to our already existing specialisms that bring proximity to specific customer need in distinct markets.”
Hampshire-based Onecom boasts strategic partnerships with Vodafone, Mitel, Samsung, Apple, Gamma and Five9 among others.