MC Vanguard advise on disposal of telephony system operator Inter-Group Communications


North West telephone systems provider Inter-Group Communications (IGC) has been acquired by Surrey firm Arrow Business Communications.

The Southport based business delivers IP telephony, voice, network and managed services and has been operating in the public and private sectors for more than 30 years.

The acquisition also includes IGC's Bristol based subsidiary company, Budd Communications. It marks Arrow's fourth acquisition in the last three years.

The sale of IGC was advised by our corporate finance arm MC Vanguard.

Arrow Managing Director Chris Russell said the deal will reinforce their focus on delivery of innovative telecoms services to the business market as well as strengthen headcount across its technical and engineering teams.

"This acquisition is another great opportunity for Arrow to expand its nationwide customer base and provide further opportunities for growth across all of our product offerings" he said.

Arrow, based in Weybridge, specialises in telephony solutions for business users and offers a diverse connectivity portfolio ranging from SIP, Leased Lines, EFM and hosted telephony through to mobile voice, data, mobile device management and professional services.

Cliff Barclay, owner of Inter-Group, said:"Arrow is a great match with IGC and we are excited to be part of a larger team with access to an expanded business connectivity portfolio."

Customers, suppliers and employees of Inter-Group and Budd Communications will be integrated into the Arrow business which will be re-branded Arrow Business Communications Limited. Staff will continue to offer local support to their customer base and will operate from their existing premises.

Mitchell Charlesworth partner Brian McCann, head of MC Vanguard Corporate Finance, said: "We are delighted to have helped secure this deal. It will see the broad skills and experience at IGC used to strengthen the Arrow brand. We wish all parties every success in the future."

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