Focus Group sets its sights on ambitious regional growth with its latest acquisition
Focus Group are delighted to announce the acquisition of STL Communications Limited, a highly regarded and well-established unified communications provider based in Witney, Oxfordshire. STL was carefully chosen by Focus for its strong management team, long-standing customer base, high levels of recurring revenue and impressive organic growth. It also provides a strategic foothold for Focus, servicing the M4 corridor and into the Midlands, which further delivers on its strategy to provide full national coverage to over 25,000 customers across the UK.
The acquisition will see founder, Brendon Cross, continuing to consult for the business, whilst investment into the wider team is planned to fuel further growth. STL Communications will continue to operate under its well-regarded brand name for the foreseeable future and the planned investment will provide a springboard for continued success and establish a key regional hub for the group, ultimately paving the way for the group to become the dominant ICT provider in the area.
Ralph Gilbert, Co-founder and Director at Focus Group said: “The acquisition of STL is another landmark transaction for Focus; Brendon and the business are really highly regarded in the channel, and we’re delighted to welcome them to the Group. We have developed a very considered approach to acquisitions over recent years, and carefully target the right businesses off-market, rather than waiting for sellers to come to us. STL has the perfect blend of high quality management, positive culture, long-standing customer relationships, and high levels of organic growth; we worked with Brendon over a number of months to find a transaction that worked for both parties, and we’re delighted with the outcome.”
Brendon Cross, Chairman and Founder continued: ‘The acquisition by Focus Group represents a fantastic opportunity for all STL customers and staff as the group looks to build on the excellent reputation forged locally over the past twenty-seven years. Rarely are the corporate synergies and cultural alignments as strong as they are with STL and Focus Group and we’re all looking forward to the next exciting stage of the STL story as part of the Focus Group.’
Published 08th August 2022