As one of the most active consolidators within the UK telecoms market, Alderley Edge based Chess Telecom has announced the acquisition of NPC Telecom, bringing the total to 45 acquisitions in the past 6 years.
Richard Btesh, Chess Director said “Our acquisition success is the result of a combination of skilled integration and customer retention. Importantly, the flexibility to tailor deals to fit in with the sellers’ requirements gives us a leading edge.
"Continued market consolidation means our list is always growing and our flexibility and reputation enables us to approach increasingly significant targets. 2010 continues to be an exciting and challenging year for all of us at Chess.”
Phil Murphy, Director of NPC Telecom commented, “When our two major dealers asked me to source an exit from the telecoms business I was filled with dread. I envisaged months of searching for a potential new owner for their customer bases, followed by more months of negotiation to conclude a business transfer. I was proved wrong immediately, within a week there were three potential suitors and after initial meetings there emerged only one serious player, Chess Telecom.”
“Within 2 weeks Chess had made a formal offer which my dealers found fair, equitable and suitable. Within weeks the Chess team had migrated the databases to their platform and concluded the whole transfer.”
Established in 1993, Chess employs over 120 people in Alderley Edge and for the last three years Chess’ growth has been recognised by its inclusion in The Sunday Times Tech Track 100, ranking 32nd fastest growing UK Technology Company.
