Covering Unified Communications - From Our Indsutry Experts

TMCNet:  Daisy Group plc Acquires The Net Crowd Limited

[February 01, 2013]

Daisy Group plc Acquires The Net Crowd Limited

MANCHESTER, England, February 1, 2013 /PRNewswire via COMTEX/ -- Daisy Group plc (AIM: DAY), a leading provider of business communications, announces that it has acquired the entire issued share capital of The Net Crowd Limited ('NetCrowd') for an undisclosed consideration.


NetCrowd is an IT data specialist that provides 'white label' professional services, maintenance and installations to the UK channel. The business works with vendors including Cisco, Juniper Networks, HP and Microsoft to provide complex and specialist IT services, delivered through its highly qualified in-house engineering force.

The Berkshire-based company has experienced rapid organic growth since its establishment in 2009 and its customer base is serviced by a UK-wide team of field engineers and ICT consultants, supported by a UK service desk.

Following completion of the acquisition NetCrowd's existing successful senior management team will continue to run the business, reporting into Daisy's Wholesale division. They will continue to be led by Managing Director Trevor Rolls and Sales Director Steve Kirby, who have a wealth of experience in the IP data market, Trevor having previously established and managed Prime Business Solutions, the IP Telephony company he sold to 2e2 in 2004.

The acquisition has been funded from the Group's existing borrowing facilities.

Matthew Riley, Chief Executive Officer of Daisy, said: "As a fast-growing business with an experienced management team we believe this acquisition further enhances our service offering.

"This deal provides a strong foundation for Daisy Group in the growing IP and data market, and is a great strategic fit for the evolution of the business.

"The board believes this acquisition will drive further cross selling opportunities within our enlarged base while also providing Net Crowd's customers with direct access to the Group's full portfolio of products and services." Notes to Editors: About Daisy Group plc Daisy Group plc (AIM: DAY) is a leading provider of unified communications to businesses.

The Group provides unified communications across a product portfolio including data, mobile, systems, maintenance and voice, offering an end to end solution for all business communications needs.

For more information on the Group please visit http://www.daisygroupplc.com Enquiries: Daisy Group plc Tel: +44(0)1282-607785 Katharine McNamara, Head of PR Liberum Capital Limited Tel: +44(0)20-3100-2000 Steve Pearce / Tom Fyson Redleaf Polhill Limited daisy@redleafpolhill.com Emma Kane / Rebecca Sanders-Hewett Tel: +44(0)20-7566-6720 SOURCE Daisy Group PLC

[ Back To Unified Communications's Homepage ]

Featured Whitepapers

Building A Business Case For Unified Communications

The hype surrounding any emerging technology often shrouds the private sector with mixed feelings, as decision-makers try to decipher whether new offerings will enhance operations, hinder productivity or introduce some bizarre mixture of the two.

Instant Cashflow Improvement and Rapid ROI with Unified Communications

The up-and-down economy of the past several years has highlighted the need to operate more effi ciently and cut costs wherever possible. In most situations, these two notions would seem contradictory, but a number of emerging technologies - cloud computing, virtualization and the bring-your-own-device movement among them - are helping companies accomplish these goals.

The Top Four Pitfalls of Unified Communications

Today's enterprise needs to be agile if decision-makers wish to remain competitive and relevant in the eyes of consumers. As more companies and customers around the world begin leveraging innovative devices like smartphones, tablets and next-generation laptops, the need to deploy unified communications grows alongside it. Neglecting to implement the technology may result in dire consequences that could spell the end of an organization.