Babble Acquires Corporate Management Telecom Ltd

Graphite Capital and Babble Management Buy Babble from LDC for £90m

September 1, 2023

IT Services

Graphite Capital and Babble’s management completed a management buyout of Babble in a £90 million transaction in which LDC exited (retaining a minority stake). Babble is a UK-based provider of unified communications, cloud and cybersecurity services and will continue pursuing a buy-and-build strategy after the transaction.

Babble Acquires Halo Communications Ltd and Digital Communication Systems Ltd

March 14, 2023

Telecommunications

Babble, a Graphite Capital-backed provider of cloud communications, has acquired Halo Communications Ltd (Kilmarnock) and Digital Communication Systems Ltd (Newcastle) as part of its UK buy-and-build strategy. The add-on deals expand Babble's presence in Scotland and the North-East and strengthen its UCaaS, CCaaS, cyber and managed network capabilities for SME customers nationwide.

Xtel Communications Acquires Global Telecom (GTB)

December 19, 2022

Telecommunications

Xtel Communications has acquired Global Telecom (GTB), a Maryland-based CLEC and longstanding VoIP/UCaaS provider, expanding Xtel's footprint into the Baltimore–DC–VA region. The acquisition adds GTB's VoIP, UCaaS and managed security capabilities and customer relationships in healthcare, legal and government verticals to Xtel's telecom, cloud and cybersecurity portfolio.

CSL Acquires Caburn Telecom

October 31, 2022

Telecommunications

CSL, a PE-backed European provider of critical IoT connectivity, has acquired Caburn Telecom, a UK-based provider of secure IoT connectivity, SIM management and software. The deal brings Caburn’s proprietary SIM management platform and >1 million live IoT connections into the CSL Group to expand IoT capabilities, scale and geographic reach.

Cambridge Mobile Telematics Acquires TrueMotion

June 17, 2021

Data & Analytics

Cambridge Mobile Telematics (CMT) has acquired TrueMotion, a leading mobile telematics provider, in a deal that combines the two largest smartphone-based telematics platforms to accelerate product innovation and scale. The combined company will expand CMT’s reach across insurers, fleets, automakers and mobility customers globally and strengthen capabilities in AI-driven driving risk measurement and real-time crash detection.

Momentum Telecom Acquires DCT Telecom Group

April 19, 2019

Telecommunications

Momentum Telecom, an Atlanta-based cloud communications provider, has agreed to acquire Cleveland-headquartered DCT Telecom Group, a provider of cloud voice and network solutions. The deal expands Momentum's geographic presence and enterprise customer base while adding complementary managed broadband, internet and cloud voice capabilities to its platform; terms were not disclosed.