Gloucestershire’s Midland Comms one of two acquisitions by cloud service provider Babble

By Sam Pither

3 April 2023

Share

The Business Magazine article image for: Gloucestershire’s Midland Comms one of two acquisitions by cloud service provider Babble

Tewkesbury, Gloucestershire-based Midland Comms is one of two acquisitions announced by cloud service provider Babble.

Along with Babble’s acquisition of Cloudstream Technology Limited, the deals boost the firm’s revenues by £4.5 million, more than 90 per cent of which is recurring. This takes Babble’s overall revenue run rate past £100 million per year.

Midland Comms has served SMEs across the Midlands for nearly 50 years, providing more than 500 customers with communications solutions. Cloudstream’s MSP business has more than 350 customers across Scotland, the North of England and Northern Ireland. The two acquisitions will see more than 30 new employees join Babble.

Both acquisitions complement Babble’s overall cloud service provider offering, which is underpinned by two business divisions: Talk, which brings people, businesses, and places together, through mobile, UC and contact centre solutions and Tech, which powers and protects UK business with a robust suite of security solutions, IT support (MSP), and Microsoft offerings.

Matt Parker, Babble CEO, says: “These two strategic acquisitions significantly strengthen our position as the only UK Cloud Service Provider of both Comms and IT solutions at scale. They bring high quality retained customers and fantastic, expert people into Babble.

“This also further extends our geographical reach across the UK, bolstering our ability to offer nationwide coverage with local support to give customers the best possible levels of service.”

By Sam Pither

Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.