KBS Corporate Advise on Sale of Touchdown Offices Limited
York-based Touchdown Offices Limited, a telecommunications solutions provider, has been acquired in a multi-million pound deal by Communicate Technology plc.
Established in 2003 by our client, Dean Parsons, Touchdown specialises in virtual numbers and call management software, providing cost effective telecommunications services to corporate clients.
During the research process, KBS Corporate highlighted the considerable scope for future expansion in addition to the ongoing organic growth that Touchdown has enjoyed, which attracted over 30 interested parties within the UK trade market, along with significant interest from KBS Corporate’s professional network of buyers.
With two serious bidders, KBS Corporate ultimately managed to secure a deal with North East-based Communicate plc at over 2 x Turnover, with Communicate’s offer also providing the best personal terms for our client upon his exit.
Corporate Director, Guy Haynes, managed the deal on behalf of our client.