Babble expands its Cyber capability with the acquisition of activereach

Babble, a leading British technology company transforming how ambitious businesses use next generation technology, has today strengthened its Cyber business with the acquisition of activereach, a provider of bespoke cyber security and connectivity solutions, based in High Wycombe, Buckinghamshire.

Formed in 2008, activereach has customers across the UK, including many household names. The acquisition will bring activereach’s expertise to Babble’s base of over 16,000 customers, with opportunity to benefit from its enhanced Cyber offerings for both enterprise and mid-market clients.

Cyber security continues to be a top priority in the UK market, with organisations spending more and more on their defences in order to keep up with emerging threats and new ways of working.

Matt Parker, Babble CEO says, “This deal is one of the most exciting things we have done as a business and it enhances us with amazing people and new technological capability. Bringing activereach into Babble is a huge step forward in the growth of the Cyber portion of our business and with this new expertise we’re equipped to further help our customers’’.

Mike Revell, activereach Managing Director says, “We are very proud of our creation in activereach that includes fabulous people, leading edge products and a strong company ethos. We now see exciting times ahead in building an enterprise Cyber practice to another level that will naturally sit alongside the three other Babble product pillars. This will certainly be a winning proposition that will exceed our customers’ expectations.

Our two organisations are a perfect fit in so many ways, particularly in the family orientated values that came across so strongly when we engaged with Matt for the first time.”

Babble has now made seven acquisitions in 2022, and 22 since 2019. The Comms, Contact, Cyber & Mobile provider’s exponential growth has seen it recognised as the UK’s most acquisitive technology company by ICON Corporate Finance.

About Babble:

Babble is a leading technology business that is reimagining how we do work. Founded in 2001, the company works with over 16,000 organisations in a wide range of sectors – including financial, health and education, travel and accommodation, and public services – by sourcing deploying and supporting locally the very best cloud solutions.

Babble’s growth over the last few years is one of the big success stories in its industry. This is demonstrated by the private equity investment of Graphite Capital in November 2020 – which was supported by reinvestment from LDC and management – to accelerate the buy and build strategy for the business. Annual revenue has rapidly grown to £60m – over 90% of which is recurring. It has over 50,000 cloud-based users, 65,000 mobile connections and 5,000 CCaaS supported agents.

Visit https://babble.cloud/