Crowe’s Midlands corporate finance team advises managed service provider on second deal in a year

The Midlands corporate finance team of Crowe has advised a Dutch managed service provider (MSP) on its second UK acquisition in less than 12 months.

Corporate finance partner Andy Kay (pictured), director Phoebe Turner and manager Nick Martin, at the national audit, tax, advisory and consulting firm, provided due diligence to Your.Cloud on the acquisition of Comm-Tech Voice & Data Ltd, a leading telecom and IT service provider based in Norwich.

It follows on from Your.Cloud’s acquisition of HDUK, a leading provider of hosted desktop solutions for the accountancy sector, which was announced in January earlier this year.

Andy Kay said: “This marks Your.Cloud’s first UK-based acquisition in the telecom, IT, and cloud technology services sector aimed at MSPs delivering both telecom and IT solutions.”

Since its launch in 1996, Comm-Tech Voice & Data Ltd, now with a team of over 30 professionals, has built a strong reputation for customer-focused telecom and IT solutions.

For Your.Cloud, the acquisition of Comm-Tech is a significant step in its UK growth strategy.

Nils Vermeulen, general manager of the telecom, IT, and cloud technology services segment at Your.Cloud, said: “Comm-Tech is a great fit for Your.Cloud. We share a common vision and belief in combining customer intimacy with operational excellence.

“Our decentralised model is based on supporting strong, local teams to grow on their own terms, with access to resources and best practices from across the group. Comm-Tech’s strong market position and entrepreneurial team make them a valuable addition as we continue to expand across the UK.”

Andy Kay added: “Joining Your.Cloud will enable Comm-Tech to accelerate its ambition to become a full service provider while benefitting from the group’s knowledge, scale and strategic support.

“We were delighted to have worked once again with the M&A team at Your.Cloud and the management of Comm-Tech to help deliver a great result for both parties.”

Justin Millar, managing director of Comm-Tech, said: “Joining Your.Cloud allows us to take the next steps in becoming a true one-stop-shop for both telecom and IT services.

“The market is constantly evolving, with emerging technologies like AI and rising cybersecurity risks pushing us to innovate faster. With Your.Cloud behind us, we can tap into broader expertise, collaborate with like-minded businesses, and continue delivering excellence in our solutions and services for our customers.

“We’re staying local, staying agile, but now with more tools and insight at our disposal.”

Law firm Penningtons Manches Cooper LLP’s Birmingham office acted for Your.Cloud, and Comm-Tech was advised by Branch Austin McCormick LLP.