National business telecoms firm buys 9 Group
By Matt Hall | 5th March 2021
Business telecoms and cloud communications provider Onecom has added thousands of fixed line and cloud customers to its portfolio in a deal with Gloucestershire's 9 Group.
As part of the deal, Stonehouse Business Park based 9 Retail becomes a Onecom Group company along with 9 Partners.
Onecom said the acquisition will move its product mix of mobile and non-mobile communications solutions to a broadly 50/50 split which includes a full range of broadband and data connectivity, cloud telephony, contact centre and collaboration services.
The acquired 9 Group companies will retain their branding and continue to trade separately as clearly distinct "direct and indirect" routes to market, while utilising Onecom's resources and investment capacity.
James Palmer, founder and CEO of 9 Group, will remain actively involved with the business along with his management team.
Martin Flick, Onecom CEO, said: "This is a highly significant strategic acquisition for Onecom Group, strengthening our portfolio and further diversifying our revenue streams by adding a large non-mobile telephony provider and a fantastic channel partner community as a new route to market in one move.
"Onecom founder Darren Ridge has been instrumental in working with James to forge the opportunity our enlarged group now represents and I am hugely excited to be leading the team in growing and developing the strategy to the benefit of our mutual customers and channel partners alike."
James Palmer, CEO of 9 Group, said: "Onecom and 9 Group are a perfect marriage, sharing a like-minded culture focused on enjoying our work and striving for excellence in everything we do. I am excited about bringing our two businesses together and working with the Onecom team so that customers and partners across the board benefit from new opportunities of scale and increased capability."
Following the transaction, Onecom becomes the owner of the 9 Group brand. Former 9 Group company eve Networks and the group's separate IT business are not part of the deal, and will remain under their existing ownership.
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