Northamber cooking up expansion plans with Tempura acquisition

The VAD will be paying a max of £6m, split into an upfront payment of £3.3m, £100k of shares and an earn out of £2.6m

London-based VAD Northamber has acquired unified comms and collaboration solutions provider Tempura Communications for up to £6m.

The cost will be split with an upfront payment of £3.3m, £100k of shares and then an earnout of £2.6m, Northamber exec chairman, Alex Philips (pictured) tells CRN.

The acquisition comes as part of a wider strategy to strengthen Northamber's position in the IT solutions market and enhance its portfolio of offerings in the UK and Europe.

"Tempura is now wholly owned by Northamber but will continue to operate as a standalone entity," Philips says.

The VAD explains it has no plans no plans at this stage to alter the brand name or integration.

Tempura's MD Matthew Light and his team will be staying onboard as part of acquisition.

"Tempura has a long-standing presence and expertise in UC&C, this compliments the work that Northamber has been doing over recent years in building our AV and UC&C proposition," Philips comments.

"There is a limited cross over of brands - we both work with Aver, Yealink and NowSignage but otherwise have no cross over - and there is a limited cross over of key customers which provides an exciting opportunity for all of us."

He also adds that Northamber is taking a "pragmatic approach throughout this transaction and focused on respecting a great business with a strong team in Tempura, this mutual respect, customer centricity and pragmatic approach will serve us well as we bring the companies closer together".

Tempura Communications was established in 2002 and has built a strong reputation for delivering tailored communication solutions to businesses of all sizes. With a focus on innovation and customer satisfaction, Tempura has become a trusted partner for organisations seeking to optimise their communication infrastructure.

Mathew Light, MD of Tempura Communications, says: "We see a great many synergies with Northamber, including its culture, products and services and I am pleased to be joining the senior management team of a founder-friendly business and to become a shareholder in the company.

"Joining forces with Northamber presents an exciting opportunity for Tempura and our customers. Together, we will be able to leverage Northamber's extensive experience, resources and industry-leading expertise to accelerate our growth and beter serve the evolving needs of businesses."

Philips adds, looking at the future: "This is a major step for Northamber in our growth strategy, we remain committed to both organic and acquisitive growth.

"We like to look for businesses that are well run with strong founders where we can help add investment and value."