MARKET MOVEMENT
Evergreen announces acquisition of Digital Origin , an IT services company in England
Evergreen , a group of managed IT services companies , announced its acquisition of Digital Origin , an IT service company in Milton Keynes , England . This investment marks pivotal milestones for both organisations with Evergreen ’ s second acquisition in the United Kingdom and the beginning of Digital Origin ’ s next phase of growth . Knight Corporate Finance functioned as exclusive advisors to Digital Origin and the transaction .
James Evans , Chief Executive Officer at Digital Origin , said : “ This deal represents the next pivot point in an increasingly exciting journey that Digital Origin started back in 2018 .”
Founded in August 2018 , Digital Origin provides businesses throughout the UK with comprehensive solutions that combine all of their IT needs within a single provider . Its unique ‘ Connectivity-as-a-Service ’ or ‘ CaaS ’ business model delivers wholesale IT , MSP , and cybersecurity solutions for three sectors – IT connectivity , telephony , and mobile solutions .
By harnessing the power of their expertise , this partnership will catalyse shared benefits and mutual support for Evergreen and Digital Origin . With Evergreen as its permanent home , Digital Origin is equipped with resources and opportunities that will propel its business growth and innovation forward .
Evergreen ’ s dedication to holding companies indefinitely while preserving legacy and talent provides Digital Origin with the tools to sustain and grow its success . With more than 80 IT services acquisitions under their belt , Evergreen has a proven history of
Sydney Hockett
investing in businesses ’ continued success while retaining talent , leadership and legacy .
“ The shared values and missions between Evergreen and Digital Origin is what makes this acquisition so compelling and mutually beneficial ,” said Sydney Hockett , Vice President of M & A at Evergreen .
“ Digital Origin ’ s commitment to technological innovation , outstanding customer service and world class team fits well with Evergreen ’ s strategic vision and values and will be an integral part of our continued UK expansion .”
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AEX acquires South African Telcotech to boost sales automation for ISPs
( L – R ) Brian Jervis , AEX ; and Christopher Peters , TelcoTech
Broadband software platform and managed services company Automation Exchange , AEX has expanded its marketing and sales automation offerings for Internet Service Providers , ISPs and Fiber Network Operators with the acquisition of local technology business TelcoTech .
Telcotech provides a smart marketing and sales automation tool that enables customer sign-ups and payments for ISP ’ s , maximising sales retention as well as lead generation , significantly lowering the cost of customer acquisition .
AEX pioneered the first broadband OSS , BSS software built by network operators for network operators , enabling easy management and monitoring of both Open and Closed Access networks .
“ The TelcoTech platform not only improves the efficiency of fibre networks in South Africa but also positions AEX to explore international markets that are rapidly expanding their fibre infrastructure , including the US , UK , and Africa ,” adds Brian Jervis , AEX South Africa ’ s Country Head .
Christopher Peters , CEO of TelcoTech , is the visionary behind TelcoTech , and initially introduced the Fibre Compare platform – a fibre aggregator akin to a Hippo for customers looking for fibre network operators in their area .
The Fibre Compare platform is a comprehensive catalogue , empowering users to search , compare , and purchase products and services from FNO and ISPs in their neighbourhood . As the demand for fibre surged during the pandemic , the Fibre Compare platform evolved into a vital lead generator for both FNOs and ISPs .
Recognising the challenges faced by ISPs running on thin profit margins in a highly competitive industry , TelcoTech adapted the platform to make it relevant and accessible to ISPs .
The result is a smart marketing and sales automation tool that enables customer sign-ups and payments , maximising sales retention as well as lead generation . Notably , the cost of customer acquisition is lowered significantly to around 40 %.
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