Top Netherlands used iPhone reseller Renewd appoints administrator

Leading used iPhone reseller Renewd has gone into administration. Netherlands legal firm HVG Law, which specializes in technology and telecommunications, is handling the administration. Renewd issued a statement saying: “Renewd® has requested a suspension of payments to address the current challenges. Over the coming weeks, we will decide how best to proceed, with a full

Now Focus adds Midland to its fast-growing empire

Focus Group has continued on its takeover trail acquiring Midland Telecommunications Management Ltd, which trades as  Midland Telecom & IT. Focus this month secured £21.3 million in investment funding from Hg Capital Trust, an investor in European and transatlantic software and services. Focus was founded in 2003 by Ralph Gilbert and Chris Goodman in Brighton

Assurant buys repair chain iSmash

Gadget insurance giant Assurant has bought repair chain iSmash and its 38 retail locations. iSmash had been looking for a sale for several months after its auditors put up a red flag over its future prospects as losses mounted to nearly £6 million, mainly due to the effects of Covid lockdowns and the new culture