Arrow Business Communications has acquired Worksmart Technology Ltd to enhance its hosted voice solutions as part of its strategic growth plan.

Target Company Overview

Worksmart Technology Ltd, based in London, is a telecoms value-added reseller with an annual turnover of £4.7 million. The company has established a noteworthy presence in the financial services and healthcare sectors, serving over 350 customers effectively. Worksmart specializes in both hosted and on-premise telephone systems, along with data connectivity services, positioning itself as a competitive player in the telecommunications industry.

This acquisition forms a critical part of Arrow Business Communications' strategic growth plan, showcasing Worksmart's significant expertise in enhanced hosted voice platforms. As businesses increasingly seek to transition from traditional on-premise systems to more flexible hosted solutions, Worksmart’s capabilities make it an attractive addition to Arrow’s portfolio.

Industry Overview in the UK

The telecommunications industry in the UK has experienced substantial transformation over the past decade. With the increased demand for cloud-based services and unified communications solutions, many companies are