It’s unusual to get a chance to double the size of a business with a single acquisition but with our purchase of Arden Group we have done exactly that. More importantly we’ve significantly strengthened our product portfolio, added real talent to the leadership and management team and given ourselves a great footprint outside London.”Matthew Parker, CEO
Doubling its footprint
In 2018, babble cloud strengthened its portfolio and doubled its industry footprint by acquiring Birmingham-based Arden Group.
The deal added strength in mobile and IT managed services to babble’s existing market-leadership in Unified Communication (UCaaS) and cloud-based Contact Centre solutions (CCaaS). It also doubled babble’s revenue to nearly £20m and created a combined customer base of more than 1,200.
This is the second acquisition following since LDC’s investment, following the purchase of Direct Response Plus, formerly part of the Yonder Digital Group of companies.
Having built a strong business platform, we’re now keen to accelerate our scale through the acquisition of other high performing businesses with complementary technologies, geography and customers. Bringing a new investment partner like LDC on board, with its track record for supporting major acquisition programmes, will enable us to make this happen.”Matthew Parker, CEO
Business Transformation Management Team of the Year
BVCA London and South East Awards 2020