Radius Payment Solutions has acquired Air Telecom Group, one of the West Midland region’s largest telecommunications providers, further ramping up its UK growth plans.
Air Telecom specialises in integrated mobile, hosted telephony and connectivity solutions for small and medium-sized businesses, and the deal will add almost 20,000 customers to the Radius telecom arm.
It is the second major acquisition for Radius in recent months after it bought a majority stake in Dublin-based Telcom in December, and gives the firm new opportunities to grow the broad range of services it offers to customers.
Established as a fuel card company by Bill Holmes in 1990, Radius has fast expanded into telecoms, telematics and insurance – it’s also recently expanded into EV charging solutions and rental and leasing services.
Radius chief executive Officer Bill Holmes said: “We are really pleased to be working with Manni Sehmi who has built a great telecoms business with an outstanding reputation. We look forward to helping him grow further and overlay the great range of products and services that Radius has been developing over the last few years.”
Ray Ferris, managing director for Radius Connect, added: “Air Telecom has a strong regional and national presence with excellent customer and supplier relationships. We’re keen to work with Manni and the team to develop their customer offerings further and in turn grow the business as part of our rapid growth plans in the UK and Ireland.”
