Deal Background
Talk Internet, based in Warrington, is a network and cloud services provider specialising in connectivity, Infrastructure as a Service (IaaS) and Software as a Service (SaaS).
Wavenet are a Midlands based business specialising in the provision of business voice and data solutions.
How Langtons Helped
Langtons acted as Lead Advisors for the shareholders of Talk Internet, as well as acting as the principal point of contact for Wavenet in respect of all financial aspects of the disposal.
Langtons provided assistance throughout the entire process, including with the negotiations and financial due diligence, as well as providing specialist tax advice.
Langtons also gave support to the shareholders during the legal due diligence, as well as adding commercial input throughout the disposal process.
Results
The acquisition of Talk Internet will strengthen Wavenet’s presence across the UK and bring new features to its portfolio that will benefit new and existing customers.
Our increased scale and resources will deliver a broader product set and a more robust and automated technical platform.
Bill Dawson, CEO of Wavenet
