Founded in 2002 and headquartered in Whiteley, Hampshire, Onecom is the UK’s leading business communications technology and cloud communications specialist.
The company currently manages almost 80,000 business customers, delivering communication services and unified solutions across fixed line voice, connectivity, and managed cloud.
Daly Systems is a communications and connectivity provider with capability in unified communications (UC) and IT managed services.
It maintains long-standing partnerships with Gamma, Microsoft, Openreach and Jola.
The acquisition enhances Onecom’s capabilities and capacity through Daly Systems’ expert team, geographic reach via its Leicester operations centre, and an established customer base.
HMT undertook financial due diligence on the deal.
Christian Craggs, director of M&A and strategy at Onecom, said: “Having worked with Onecom on several acquisitions before, HMT provided us with invaluable insights on this transaction, enabling us to make informed decisions and worked closely with all parties to ensure a successful completion.”
Paul Read of HMT added: “We’re delighted to have advised Onecom on their 12th acquisition since 2020.
“This acquisition is another perfect fit for Onecom as the businesses share the same culture and the acquisition will broaden Onecom’s capabilities and geographic reach.
“We look forward to working with them again in the future.”