Knight has undertaken financial due diligence for Babble in its acquisition of Stonegate Technologies.
Stonegate, based in Haslingden, Lancashire, is a Microsoft-focused managed service provider whose customer support models will be integrated into Babble’s 24/7 support and training offering.
“The acquisition of Stonegate will allow us to further diversify and broaden our offering in order for more companies to successfully adopt the cloud,” said Matt Parker, Babble CEO.
“We are laser-focused on delivering exceptional quality of service for our customers, ensuring we are always by their side whenever they need us, helping them to transform their businesses.”
Founded in 2001, Babble works with over 20,000 organisations in a wide range of sectors including financial, health and education, travel and accommodation, and public services.
In relation to the Stonegate acquisition, Babble’s announcement added: “We think change can be a great thing and a wonderful opportunity to achieve even more together.
“We believe in making next-generation technology that’s simple to use, deploy and manage, giving people the tools they need to build the organisations they want – agile, scalable and successful.”
What we've made possible
Knight Corporate Finance powers landmark technology deal as Tailor Made Technologies joins forces with Global 4
Knight advises River Capital on seven-figure investment into Infinium Group
Kube Networks secures strategic investment from Maven Capital to accelerate growth
Would you like to make your ambitions real?
