The corporate team at BPE has acted for Lister Unified Communications on the acquisition of IT management business, Strategic IT Management Ltd (SITM), to form a new telecommunications group.
Based in Stonehouse, Lister Unified Communications is the largest such company in the region, and offers onsite telecoms, mobile workforce, cloud solutions and IT services to more than 1,500 clients throughout the UK.
The acquisition, led by BPE Corporate Partner, Tim Ward, will see Lister strengthen its current offering for customers, as well as increase the firm’s turnover by 15% and see employee numbers rise from 34 to 45.
Rob Lister, Director at Lister Unified Communications, commented: “Tim and the team at BPE were tremendously helpful in guiding us through the acquisition, and very responsive when the inevitable last minute changes where needed to see this through to the finish line.
“At Lister, we’ve always prided ourselves on our old school values and putting the customer first, and it’s fantastic to be able to keep those traditional values at the core of our business even as new technologies develop our business in different directions.”
Located in Quedgeley, SITM provides all round IT management and support, from hardware repairs to running a variety of applications.
Tim Ward said: “We have worked with Lister Unified Communications for many years and have seen the company go from strength to strength, so it has been a pleasure to advise Rob and his team on this latest step in the firm’s lifecycle. We believe that this acquisition was a great success for both Lister and SITM, and we look forward to working with the new group as it goes forward.”
The corporate team at BPE Solicitors prides itself on the sound legal advice and support it provides to businesses throughout their development. More than just lawyers; the team are trusted business advisers for their clients, aiming to help structure businesses to achieve sustained growth. From starting a new business to development through growth, joint ventures, buying, selling, or floating on the stock market, BPE’s corporate team has the breadth and depth of experience to support a business through every stage of its lifecycle.