Southern Communications is one of the UK’s oldest telecoms firms, tracing its roots back to 1965. Today, it provides SMEs across the UK with a range of services including fixed-line, data, mobile and cloud-based services alongside sale, installation and maintenance of telephone systems.
Southern Communications has, over recent years, pursued an ambitious acquisition strategy, transforming itself into one of the UK’s largest providers of business-to-business telecoms services with a turnover of over £30 million, over 6,600 business customers and a workforce of over 160 employees operating from four locations in the UK (as of June 2016).
Dialling up growth
- Our investment is supporting the management team to help grow the customer base, introduce new product lines and services.
- Our in-house talent team has worked with the business to augment the management team, which has included David Goldie, the former CEO of TalkTalk, joining as chairman.
- Our in-house insight team has supported the business to identify and evaluate a corporate development pipeline. Since investment, the business has completed 10 acquisitions enabling it to expand its customer base and service offering.
- Since our investment the business has achieved incredible growth, with annual turnover increasing by 26% compound growth over the past two years.
“I feel like we have secured the perfect team to drive our ongoing development. This investment will provide us with significant firepower to acquire complementary businesses as we seek to build on the strong momentum we have generated and move towards our stated aim of doubling in size over the next three to five years.”
Southern Communications established
Paul Bradford leads a management buyout of the firm
Livingbridge invest in Southern Communications
Former CEO of TalkTalk joins as Chairman
Five acquisitions completed
Recognised in Southern Tech 100 2018
Recognised in Comms National Awards 2018
Awarded first place at the Thames Valley Tech Awards 2018: High Growth Tech Business
Five acquisitions completed including 2Circles and MyPhones