IDE Group in advanced talks to sell Connect business

Bournemouth MSP had previously said it was mulling the sale of networking and connectivity subsidiary

clock • 1 min read
IDE Group in advanced talks to sell Connect business

Cloud and IT MSP IDE has said it is in "advanced discussions" to sell its Connect business to an unnamed buyer for an expected consideration of £250,000. The Bournemouth-based company said in Ju...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
IDE Group eyes double-digit growth following sale of Connect business

Reseller

MSP sold off its loss-making Connect division last year to CloudCoCo

clock 27 January 2022 • 1 min read
IDE Group confirms sale of Connect business to CloudCoCo

Finance and M&A

Connect and Nimoveri Limited bought for a consideration of £250,000

clock 20 October 2021 • 2 min read

More on Reseller

Tech veterans acquire Saepio and take helm as co-CEOs to spearhead growth

Tech veterans acquire Saepio and take helm as co-CEOs to spearhead growth

The IT security services provider tells CRN the move aims to turbocharge growth as it announces launch of new managed service

Kelsey Rees
clock 16 April 2024 • 2 min read
Fight Night 2024: All the fighters

Fight Night 2024: All the fighters

Champions are made in the ring.

CRN
clock 15 April 2024 • 1 min read
Daisy Corporate Services COO talks M&A and sustainability

Daisy Corporate Services COO talks M&A and sustainability

CRN caught up with the solutions provider for an update on its sustainability strategy and investment focus areas

Kelsey Rees
clock 15 April 2024 • 3 min read