Babble’s Latest Sweet Tooth: A New Add-On to Their Tele‑Tech Menu
Picture this: a British cloud‑communications wizard named Babble just swooped up Corporate Management Telecom Ltd (CMT). The deal was rolled out with the help of LDC, a mid‑market private‑equity firm that’s been hooking up with Babble since 2017. It’s the third acquisition … and the hottest new one of the year. The goal? Reach that dreamy £100 million revenue target and prove that their “buy‑and‑build” strategy really works.
Who is CMT?
- Founded in 1998 and based in Braintree.
- Famous for business‑telephony and cloud services—think voice lines, hardware, IT support, and mobile packages.
- Has around 500 customers who use its slick tech stack.
Babble himself is buzzing about this move. “It’s a thrilling and defining time for us,” he says. “Each new acquisition brings us a few steps closer to that £100 m mark. CMT’s vibe—innovative and sturdy—fits right in with what we’re hunting for.”
Babble’s Track Record Sums Up the Strategy
Since joining forces with LDC in 2017, Babble’s crew has been on a double‑digit growth spree. They’ve wrapped up deals with:
- Arden Group
- Direct Response Plus
- Diva Telecom
- Lake Technologies
And guess what? The pipeline never runs dry.
Getting the Inside Voice from CMT
Pascoal De Oliveira, CMT’s Sales Director, had a glowing shoutout: “We’re thrilled to be part of Babble’s growth story. The future looks bright for the business and the industry.”
LDC’s Take
Chris Morris, the Investment Director at LDC, spells out how the partnership has been a win-win. “When we first teamed up with Babble back in 2017, we had a clear plan to grow via targeted buys. Over the past three years we’ve helped them scale dramatically. The newest acquisition will only widen their reach across the UK.”
From July 2018 onward, LDC‑backed UK firms have snapped up more than 45 companies with a total enterprise value topping £275 million.
Bottom Line
Babble’s portfolio is expanding, they’re moving ahead, and with CMT on board, they’re tightening the net around the UK’s telecom ecosystem. It’s a thrilling journey—just when the tech world thought they’d seen the last of quick wins. The big picture? 100 million pounds of revenue, a broader service catalogue, and, perhaps most excitingly, a future rich in innovation.
