Matrix247 Joins Focus Group in Strategic IT & Telecom Acquisition
Deal News | Apr 11, 2025 | Knight Corporate Finance
Focus Group has strategically acquired Matrix247, a company established in 1991 known for its exceptional IT and telecom solutions tailored to the Legal and Insurance sectors. Knight Corporate Finance advised on the deal, emphasizing Matrix247's notable experience and innovative Unified Communications (UC) and Contact Center as a Service (CCaaS) propositions. This acquisition aligns with Focus Group's aims to enhance its offerings in IT and Telecom, especially in the North-West region. Neil Hall, CEO of Focus Group, highlighted Matrix247's technical prowess and robust capacity to acquire new clients, which aligns well with Focus Group's growth trajectory. The integration of Matrix247 is expected to amplify Focus Group's CCaaS and Managed IT capabilities, contributing to its wider business objectives.
Sectors
- Information Technology
- Telecommunications
- Corporate Finance
Geography
- United Kingdom – Matrix247 operates in the UK, and Focus Group aims to enhance its position in the North-West region.
Industry
- Information Technology – The article discusses the acquisition of Matrix247, a company known for providing high-quality IT solutions.
- Telecommunications – Matrix247 and Focus Group are involved in delivering telecom solutions, making this industry relevant to the transaction.
- Corporate Finance – Knight Corporate Finance played a key role in advising the deal, indicating the significance of corporate finance in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Matrix247 | Target Company | Company | A company specializing in IT and telecom solutions for the Legal and Insurance sectors. |
| Focus Group | Bidding Company | Company | A company expanding its IT and telecom services through strategic acquisitions. |
| Knight Corporate Finance | Corporate Finance Advisor | Company | The advisory firm responsible for advising Matrix247 during the acquisition process. |
| Neil Hall | CEO of Focus Group | Person | CEO of Focus Group, expressing enthusiasm about the strategic acquisition. |