Completion announcement – CWCS Managed Hosting has acquired Stripe 21
Leith Mergers & Acquisitions Limited (Leith M&A) is pleased to announce that Supreme Bay Holdings Ltd, the parent group of CWCS Managed Hosting, has acquired Stripe 21, one of the UK’s leading telecoms specialists.
Stripe21 provide a complete business communications portfolio, including internet connectivity and cloud phone systems with desktop integration into voice and video services. Like CWCS, they are passionate about helping companies with their communications and finding practical solutions to your comms needs.
Karl Mendez, Founder and CEO of Supreme Bay Holdings Ltd and CWCS Managed Hosting, says: “We are delighted to acquire Stripe21 Ltd. Telecoms and Communications always work alongside each other, so this coalition was a natural progression for us. We will invest in Stripe21 to develop the services and support they offer and build new systems to enhance the service. With this addition to our portfolio, we will provide more services and support to our existing customers and aspiring businesses looking for a one-stop-shop for their hosting and communications. “
CWCS, are continuously looking to grow and develop their business. By adding Stripe21 to their portfolio, they can offer more products, support, and innovative ways to help grow their clients’ business.
David Nelson, Managing Director of Leith M&A said, “We have been delighted to play a part in the Stripe 21 journey as well as the future of CWCS. It has been a particular pleasure to support the Shareholders on this transaction. They have been known to us for many years both personally and professionally, having offices in the same building so it has been a personal and very local mandate for us.”