Monday 24 August 2020

Leading telecommunications firm with Bolton HQ secures loan deal

 A leading cloud telecommunications provider in Europe, which has it's headquarters in Bolton, has announced that it has reached an agreement with Kartesia to finalise €29m for further acquisitions and refinancing. Firstcom Europe will use the loan facility to supports its ongoing buy and build strategy and to refinance its existing debt arrangements.

Over the past 6 years Firstcom has made eight acquisitions and achieved an annual turnover of over £35m. It currently operates in the UK, Germany, Sweden, Denmark and Poland, and will be seeking to make further acquisitions within this footprint.

Firstcom CEO Christian Bleakley said: “I am delighted that Kartesia has provided its support for Firstcom to continue with the acquisition strategy that has proven to be successful for us. We look forward to our collaboration with them in the future”.

Nick Holman, Director at Kartesia said “computer science degree jobs Europe is an established and high-quality provider of unified communication solutions with an exceptional management team.

No comments:

Post a Comment

How the Global Talent Stream functions

 There are two classes under the GTS: Category An and Category B. The two classifications help Canadian managers select profoundly gifted ab...