Wavenet swoops for Talk Internet

Wavenet swoops for Talk Internet
£13.75m turnover firm acquires Warrington rival
Warrington-based cloud specialist and network provider Talk Internet has been acquired by communications business Wavenet. Wavenet was the subject of an investment of more then £30m by Manchester-headquartered Beech Tree Private Equity as part of an MBO in August. Latest figures for Birmingham-headquartered Wavenet show turnover of £13.75m and pre-tax profits of £1.4m for the year ended April 30, 2016. The company had 36 employees at that time. Wavenet said the acquisition of £4m-turnover Talk Internet strengthens its pre... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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