Summary
KBS Corporate Finance successfully advised Blaze Networks, a specialist IT managed services provider, on its sale to Communicate Technology. This acquisition significantly strengthens Communicate Technology's capabilities in secure communications and SD-WAN solutions, further expanding its comprehensive service offerings in the IT sector.
Summary of transaction details:
- Value: Undisclosed
- Sector: Business Services
- Advisor: KBS Corporate Finance
- Key Entities: Blaze Networks (Target), Communicate Technology (Acquirer)
- Location: Macclesfield (Blaze Networks), Teesside (Communicate Technology)
Note: This acquisition represents a strategic growth opportunity for Communicate Technology, allowing it to integrate Blaze Networks' technical expertise to offer more comprehensive and highly secure IT solutions, leveraging its recent private equity investment from Rockpool to accelerate market expansion and service innovation.
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