Communications VAR Azzurri has completed its biggest acquisition to date after snapping up virtual network operator (VNO) Sirocom.
Surrey-based Sirocom supply the design, implementation and management of networks, and has an annual turnover of £31m and employs 110 staff.
The acquisition is Azzurri's first since being acquired by private equity firm, PPM Capital (CRN Online, 2 June)
Martin St Quinton, chief executive of Azzurri, said: "Following our own purchase by PPM Capital earlier this year, the focus has been on strong organic growth augmented by potentially larger acquisitions. We wanted to get back on the acquisition trail as soon as possible and the purchase of Sirocom brings with it an excellent client list, including 20 per cent of the FTSE 100 and a market leading virtual network operator offering.
"This will add tremendous value to Azzurri, giving us unrivalled expertise in the UK converged communication market space and the ability to offer customers one completely managed service from just one communication provider," added St Quinton.
Simon Rogan, founder of Sirocom, said: "We are delighted to be joining such a well-respected company as Azzurri Communications. The benefits of this acquisition to our customers and staff are very significant - the scale and independence that Azzurri affords us will deliver economies of scale and help deliver increased levels of service."
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