Northland Capital Partners Analyst Mike Jeremy talks to DirectorsTalk about Adept Telecom Plc (LON:ADT) new £30m banking facility and acquisition of OurIT Group. Mike explains the rationale for the acquisition and the potential arising from the new debt facility.
Mike has specialised in technology companies for 30 years, working previously with W.I. Carr & Sons Overseas, Swiss Bank (SBCI) and Baring Securities in Tokyo, and Barings-ING Financial Markets and Daniel Stewart & Co in the U.K. He has specialised in semiconductors and IT and, as head of Emerging Market and W. Europe Telecoms at ING, in fixed-line and telecoms and media at both the large-cap and SME levels.
AdEPT Telecom plc is one of the UK’s leading independent providers of unified communications solutions. The Company provides a complete communications portfolio of fixed line calls, line rental, mobile, IP telephony, equipment installation, managed services, IT services, Wi-Fi, IT and communications hardware and data connectivity products. AdEPT’s tailored services are used by thousands of customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT Openreach, Vodafone, Virgin Media, Avaya, Microsoft, Dell and Apple.