Onecom, the UK’s leading business communications technology and cloud communications specialist, has acquired IMS Technology Services Limited, a Microsoft Partner, in its first acquisition of 2023, and its ninth since 2019 . The transaction brings the Midlands based IMS Technology team and in excess of 600 customers into the Onecom Group family.
Martin Flick, Onecom Group CEO, said: “As we continue to grow and broaden our portfolio of IT services, we are delighted to welcome the IMS Technology team and customers to Onecom in a move that further supports our mission to build on and extend our geographic presence and technical capabilities by acquiring strong businesses that share our culture, values and ethos. In addition, IMS Technology has demonstrable strength in serving its customers with leading communication technology solutions and IT support services to an established customer base that is a complementary fit.
“The economic uncertainty and accelerating convergence of communications and IT technologies will increase the dependency for UK businesses to rely upon on the expertise of specialist suppliers such as Onecom.
“IT services and communications tools should no longer be sourced independently if cost and operational effectiveness are to be achieved. Onecom’s proposition is designed to help our customers navigate the challenges of the economy and leverage evolving technologies to deliver operational efficiency, technical innovation, and high staff productivity. The acquisition of the highly experienced IMS Technology business further enhances Onecom’s proposition to the benefit of our mutual customers, in addition to extending our reach.
“We are delighted to welcome the IMS Technology team who share our commitment to providing exceptional products, services and simply brilliant customer experiences to UK businesses of all sizes, into the Onecom Group.”
Founded in 2002 and headquartered in Whiteley, Hampshire, Onecom employs over 600 people in offices around the UK and counts Vodafone, Microsoft, Google, Mitel, Samsung, Apple, Gamma and Five9 among others as its strategic partners.
Onecom is backed by mid-market private equity firm LDC which is fuelling the Hampshire-based business’s ambitious growth strategy.
Peter Arundal, Founder of IMS Technology, said: “We are really excited about becoming part of the Onecom Group and the benefits it will provide to our customers and people. Having a shared vision of using our vast experience and expertise to deliver exceptional outcomes for our clients was very important to us. The success of IMS Technology is a credit to the whole team’s positive attitude and hard work. I very much look forward to seeing the team continuing to excel as part of the larger group.”
Onecom was advised by Shoosmiths and HTM transaction support while IMS Technology Communications Ltd was advised by Thursfields Legal Limited.
Onecom is the UK’s leading business telephony and cloud communications provider, operating from regional offices across the UK. The company currently manages nearly 100,000 business organisations, delivering IT services, communications and unified solutions across fixed line voice, connectivity and managed cloud to some of the UK’s most dynamic companies. Its customers include Farrow & Ball, Thwaites, Celtic Manor, Laithwaite’s Wine, Yorkshire Building Society and 118 UK Ltd.
In 2019, it secured a funding package from mid-market private equity firm LDC and funds managed by Ares Management Corporation to help support organic and acquisitive growth.
Recent awards include the Five9 EMEA Innovation Partner of the Year, and it has been named Vodafone Strategic Partner of the Year for the last thirteen years.
Onecom has its headquarters in Whiteley, Hampshire, and offices in Brighton, Bristol, Shoeburyness, Stonehouse, Leeds, Gateshead, Glasgow, Telford, Belfast, Cardiff, and Exeter.
1. LDC is the private equity arm of Lloyds Banking Group and is authorised and regulated by the Financial Conduct Authority.
2. LDC has committed to invest £1.2bn in UK mid-market businesses over the next three years.
3. LDC has a portfolio of 90 businesses across the UK, across a broad range of sectors including Support Services, Financial Services, Healthcare, Industrials, TMT, Travel & Leisure, Construction & Property and Retail & Consumer..
4. LDC has a nationwide network of regional offices to provide a local presence to the businesses and communities it supports.
5. For further information, visit www.ldc.co.uk/pressrelease