Knight was integral in the deal for its exit, with NTE being acquired by Babble with whom we have worked previously. The already-established, successful, positive relationship with Babble facilitated a smooth deal.
Acquiring several companies in a short space of time, Babble’s CEO, Matt Parker, explained the success of the buy-and-build strategy, saying: “Now more than ever, businesses are recognising the importance of technology in accelerating business productivity and profitability.
“Our buy-and-build strategy brings together best-in-class cloud solutions and expertise across the UK, strengthening our national presence and ensuring our customers receive the support they need at a local level.”
Boosting its customer base and growing its workforce to almost 500 members of staff, the future looks bright for Babble.
Matt Parker added: “The start of this year has been busy for Babble, with eight acquisitions and investment in additional resource, capacity, capability and expertise to serve our growing customer base. We are set to build on this success with further expansion in 2023 and remain on track for a record M&A year for Babble.”
Bravo, Babble!
What we've made possible
Buy-side support to Rockpool Investments on its investment in Communicate Technology
Knight advises the shareholders of Fidelity Energy on its investment from Blixt Group
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