Warrington-based telecoms firm WHP Telecoms has announced it has bought Sitec Infrastructure Services.
Headquartered in Cambridge, Sitec Infrastructure Services is a project management company providing end-to-end solutions for mobile and fixed-line network operators.
WHP said the acquisition will see the creation of a group with a turnover in excess of £100m and 500 employees and enable it to enter the fibre market.
WHP, which specialises in network design, rollout, upgrade, and management to the mobile telecoms industry, said it is looking to further strengthen its market position and broaden its capabilities.
Rob Potter, WHP CEO, said: “Sitec is an excellent fit for WHP Telecoms, both in terms of our culture and the skillset that the team will bring to the company.
“The acquisition is consistent with our appetite to lead consolidation in the sector and continue to strengthen our services and breadth of offering.”
Adam Eatock and David Hawthorne, directors of Sitec, added: “This deal represents a major milestone in Sitec’s development; WHP is an excellent home for our business.
“We are looking forward to working closely with our new colleagues to explore new opportunities and continue to deliver outstanding outcomes for our customers.”
The acquisition is WHP’s first since it completed a management buyout in 2018, backed by private equity firm Equistone, and marks an “important step in the group’s strategic growth plan”, WHP said.
Andi Tomkinson and Sebastien Leusch at Equistone, said: “An important part of our investment strategy for WHP Telecoms is to build on its market leader status, boosting the scale and breadth of its services through organic growth and strategic acquisitions.
“The acquisition of Sitec Infrastructure Services fits with that seamlessly, presenting an exciting new opportunity to add to WHP’s customer base and geographical reach, as well as providing entry into new markets.”
