Connect buys Think Group as part of major expansion plan
Northern Ireland firm Connect Telecom has announced its seventh acquisition in 18 months.
It's paid an undisclosed sum for Think Group in Lewes, a major supplier of communications to business in the south-east of England.
Connect Telecom now has over 70,000 Vodafone connections across the UK and Ireland.
It also has 100 employees and offices in Aberdeen, Glasgow, Carlisle, Manchester, Dunstable, and London, as well as its Belfast headquarters.
Chief executive Scott Ritchie said: "We have a continuing and ambitious growth strategy and I expect our revenues and customer base to continue in an upward trajectory throughout this year.
"Think Group was an obvious acquisition target for Connect as we share many values."
Think Group's 18 staff, including managing director Damon Newbold, will now transfer to Connect Telecom.
Ian Beatty, business acquisition manager at Danske Bank, said its funding support for the deal was part of a "long-standing relationship" with Connect Telecom.