Protel (Professional Telecom) Solutions
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Protel Solutions, based on the Isle of Wight, provide advanced communications solutions to a variety of sectors including education, defence and telecommunications. The company was established in 2004. Protel Solutions prides themselves on their customer first approach, which is delivered through their network of engineers who have vast experience in several specialities. The company provide support for a plethora of communications solutions including Fibre Optics, Synchronous Digital Hierarchy and Radio Access Systems.
KBS Corporate was instructed with the sale of Protel Solutions to permit the owner to pursue their other business interest and develop their property portfolio.
KBS Corporate then employed a detailed research strategy including the production of marketing materials, out reach to prospective trade buyers and marketing through professional platforms.
This proved highly successful and resulted in 31 NDAs being received and produced a number of competitive offers.
The successful offer was made by WDSI Ltd who acquired a 75% share of Protel Solutions. This arrangement allows the new buyers to benefit from the owners’ experience and retained interest. This enabled the owner to continue to benefit from all major contracts won before the sale. The deal included cash on completion with a 20% cash retention to be released over the first 30 days following completion dependant on performance.
WDSI Ltd offer wireless solutions in a range of sectors including large venue entertainment systems, public transport, retail and leisure. Since the company’s inception in 2001 WDSI Ltd has specialised in network diagnostics, user support, system administrations and server maintenance. WDSI Ltd works with a variety of blue-chip clients.
The deal was overseen by Jacob Lord of KBS Corporate who commented,
“It was a real pleasure to work with Peter from Protel throughout the process. I am very pleased with the outcome as Peter will continue to receive returns from Protel and see the businesses legacy continue, under WDSI’s leadership. I wish all parties involved the best of luck in their future endeavours and I am confident Protel will bolster WDSI’s core competencies and take them from strength to strength.”