The deal creates a combined business with an annual turnover in excess of £50 million with 300+ employees across an international network of 10 offices in the UK, Ireland, France, Germany and Singapore. The acquisition complements Indigo Telecom Group’s core expertise in the supply of multi-vendor telecom support services, by adding 4site’s design and planning expertise in delivering specialist fibre, and mobile wireless services into its group capabilities.
The deal follows a period of sustained year-on-year organic growth for Indigo, underpinned by its extensive services portfolio and continued international expansion across a global customer base.
Indigo Telecom Group designs, installs and maintains international telecom and data networks. These networks enable their customers to deliver fixed line, broadband, mobile and other data services to a wide variety of end users. Its key capabilities include Project Services, such as large-scale, complex network installation, commissioning projects and Managed Services, including the management, repair and maintenance of global telecommunication networks. Indigo are one of the market leaders for reliability of service and dependability.
4site was established in 2002 with its headquarters in Limerick Ireland, and is a specialist provider of mobile wireless, and fibre services. These services include the survey, planning, design and build of wireless and fibre network infrastructure supported by its Limerick based fibre design centre of excellence opened in 2017. The solutions offered by 4site are underpinned by customised network design tools with a strong emphasis on technical innovation to support the growing demand for 5G and FTTx networks.
Kevin Taylor, Chairman of Indigo said, ‘’The synergies between our two businesses presents significant opportunities for continued growth and we see huge benefit for our customers from our expanded portfolio of services. Both organisations have strong reputations for delivering industry excellence in Consulting, Projects, Delivery and Service and we are very excited by the opportunity this will provide to both our employees and our customers’’
Ian Duggan, CEO of 4site added, ‘’This deal accelerates our long-term growth ambitions by becoming part of a leading, global business whose values mirror our own. With its financial backing and scale of operation, Indigo is perfectly placed to support 4site’s growth plans and vision for the future. The deal will facilitate the continued development and expansion of our telecoms services in Ireland and the wider international market.”
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Dan Walsh/Andrew Durkin
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Indigo is on top as a result of its adjusted average annual growth of 42.1 per cent.