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You are in: home > news rooms > crown group > crown energy > Crown Telecom Makes First Acquisition |
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Return to Index Crown Telecom Solutions Ltd |
Telecoms Company Makes First Acquisition within 12 Months of LaunchLess than 12 months after it launched Crown Telecom Solutions has made their first acquisition. Led by Mark Nicklin, Crown has acquired Strata Communications, a North West based installation, maintenance and communications engineering company. Established for over 20 years, Strata built a reputation for customer service and a strong customer base. The value of the deal is not disclosed. “This is a perfect fit for us,” Crown Telecom managing director Mark Nicklin explained. “We offer a complete WLR3 service package with hardware, line rental, broadband/data services, mobiles and billing, whereas Strata is a pure engineering operation. This will add to our technical capacity at precisely the time when new accounts require us to expand the engineering side of our business.” This may be the first of several buy-outs. Mark Nicklin explained, “An acquisition fund has been established to support the growth programme and we are keen to identify telecommunications companies, anywhere in the UK, that we can integrate into the Crown business.” Crown Telecom has seen spectacular organic growth, winning major corporate accounts and work with SME’s throughout the UK. Operations director Graeme Jones explained, “Even before the Strata deal, we grew the business by 50 per cent in the last six months and see similar natural growth potential over the next trading period. This is a great time for people with talent and energy to come and join us.” More Information Mark Nicklin, Managing Director, Crown Telecom Solutions Ltd Release issued: August 4, 2011 Additional Information for Editors Mark Nicklin is a 16 year veteran of the telecoms industry. After early career experience with Stanhope Telecom and Aerofone, Mark moved on to set-up GP Telecom with Tim Price in 2001. This business grew steadily before its sale to Elite in 2008, where Mark remained before setting up Crown Telecom within the NW based Crown Group. The Crown Group is one of the North West’s largest independent companies with a £120 million turnover. Established over 65 years ago, the core business remains the supply of fuel oils, road fuels and lubricants. Innovations have included the addition of carbon offset fuels and blended bio fuel to support clients’ sustainability programmes. Crown has diversified in recent years to become a national supplier of gas and electricity services to SME’s and major companies. The company also has a specialist division that coordinates utility connections to new developments. Crown Telecom Solutions has strong synergies with existing operations and the same ethos to differentiate from competitors by offering higher levels of customer service and attention to detail. |
Led by Mark Nicklin (centre, first row) the Crown Telecom team has acquired Strata Communications and is seeing spectacular growth. Text Version Downloads |
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