M&A Deal Summary

Radius Payment Solutions Acquires Pure Telecom

On November 12, 2019, Radius Payment Solutions acquired communications company Pure Telecom

Acquisition Highlights
  • This is Radius Payment Solutions’ 2nd transaction in the Communications sector.
  • This is Radius Payment Solutions’ 4th transaction in the United Kingdom.

M&A Deal Summary

Date 2019-11-12
Target Pure Telecom
Sector Communications
Buyer(s) Radius Payment Solutions
Deal Type Add-on Acquisition

Target

Pure Telecom

Shrewsbury, United Kingdom
Pure Communications UK Ltd. provides a range of tailored and cost-saving telecom solutions. Pure Telecom offers a fully unified communications service built to benefit your business. Pure Telecom services include mobile, IP telephony, connectivity, business applications, cloud storage, and IT support. Pure Communications UK Ltd. was founded in 2006 and is based in Shrewsbury, United Kingdom.

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Buyer(S) 1

Buyer

Radius Payment Solutions

Crewe, United Kingdom

Category Company
Founded 1990
Sector Business Services
DESCRIPTION

Radius Payment Solutions is a fleet payment processing and telematics provider to small and medium sized fleets. Radius Payment Solutions offers a wide range of tailored services and products for European fleets, including own brand fuel and corporate charge cards, telematics and market-leading web and smartphone applications, helping customers manage their business vehicles better. Radius Payment Solutions are also the re-seller of Oil company fuel cards in Europe. Radius Payment Solutions was founded in 1990 and is based in Crewe, United Kingdom.


DEAL STATS #
Overall 4 of 4
Sector: Communications M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: United Kingdom M&A 4 of 4
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 The Burley Group

Sheffield, United Kingdom

The Burley Group is an insurance broker specialising in the fleet and plant sectors. The Burley Group was founded in 1953 and is based in Sheffield, United Kingdom.

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