Monday, September 16, 2024

Communicate swoops for York Data Services in strategic expansion

Communicate, a provider of cybersecurity and network infrastructure solutions, has acquired York Data Services. It marks the company’s fourth acquisition and first since partnering with private equity investor Rockpool Investments in June 2024.

This strategic move is part of Communicate’s ongoing buy-and-build strategy to expand its service offering and network coverage. The acquisition of York Data Services significantly increases the group’s network coverage across Northern England and London.

The acquisition will allow Communicate to enhance its service capabilities and offer a wider range of IT support and cyber security services to York Data Services’ existing customer base.

Tony Snaith, CEO of Communicate, said: “We are extremely excited about the integration of York Data Services and their talented team, their underlying network infrastructure and fantastic customer base.

“This really strengthens and supports Communicate’s extensive growth plans and it became immediately apparent that both businesses had a complimentary service portfolio and were an excellent cultural fit. We look forward to further developing and nurturing long term relationships with both the team and customers over the coming months.”

Mark Fordyce, Founder of York Data Services, said: “York Data Services is extremely proud of its reputation for customer care, passion and transparency, built up over twenty years.

“Communicate not only share those values and company culture, but gives the opportunity to build on that reputation by investing in our team and our key services of connectivity, telecoms and managed solutions. We look forward to working with the team at Communicate to grow the York Data Services customer base across the region and the UK.”

Communicate was advised by Roxburgh Milkins on legal matters and AAB Corporate Finance on financial and tax aspects. York Data Services received advisory support from Knight Corporate Finance for M&A and Andrew Jackson Solicitors for legal counsel.

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