Maintel is a leading independent provider of Unified Communications, Contact Centre, Voice, Mobile and Data solutions. With more than 20 years’ experience, Maintel specialises in combining technologies from leading vendors and carriers with the skills of our experts to provide complete end-to-end solutions to our clients.

Supporting 10,000 customer sites, both in our home markets in the UK and Ireland, as well as Europe and globally with our partners, we are the systems integrator and managed services provider of choice for contact centre and communications solutions. We are a founding member of the Intelligent Communications Alliance (ICA), which provides the global reach to deliver solutions wherever our clients do business.

Maintel provides complete solutions across voice, data and mobile, supported by highly skilled staff in specialist areas throughout the design, implementation and support process. Our people are what make us different; we have developed a reputation as experts in our fields of operation and have a proven track record in consistently delivering solutions that surpass requirements and exceed expectations.

(MAI:AIM)


https://www.maintel.co.uk/

Acquisition
RNS
RNS Number : 9760S
Maintel Holdings PLC
29 June 2018



Maintel Holdings Plc
("Maintel", the "Company" or the "Group")

Acquisition


Maintel Holdings Plc, the fast-growing provider of managed communications, is pleased to announce a strategic partnership with Atos and the acquisition of certain UK customer contracts with a total net consideration of £5.1 million (the "Acquisition").


Highlights of the Acquisition:
· Maintel is acquiring a customer base which has been divested in order for Atos to focus on a growth strategy through its partners and large customer accounts.
· Following the Acquisition, Maintel will become a new channel partner of Atos.
· The customer contracts acquired are to be transferred to Maintel and revenue will be billed by Maintel, commencing 1 July 2018.
· The consideration of the Acquisition is payable over a period of 4 and half years with spread payment instalments and will be satisfied using the Company's existing cash resources.
· The Acquisition is expected to be accretive in the first full year of ownership.