GA News
Timico acquires Twang.net
GA Associates is pleased to announce that it advised on the acquisition of all the shares in Twang.Net Ltd. by Timico Ltd. The deal was completed on 1st April 2008 for a potential £2.8 million.
Acting under a buyer's mandate from Timico Ltd., John Perkins of GA Associates led the negotiations through to completion.
Timico Ltd. has its head office in a new custom built building in Newark and is a leading independent provider of converged communications services to the U.K. business market. The company offers a portfolio of services that include: fixed line, mobile and Internet voice and data services.
Twang.net based in Newbury, is a U.K. specialist provider of integrated communications services for fully managed homeworker solutions to some of the largest FTSE 100 companies, as well as providing Internet services to the SME market.
Last year John Perkins also led the negotiations to completion when Timico Ltd. acquired all the shares in KeConnect Ltd. of Ipswich.
GA working with new web technology
As the global economy tightens, GA is investigating several new web based technologies to improve a company’s efficiency and productivity.
As companies prepare to tighten their belts in preparation for a predicted downturn in consumer confidence linked to the credit crunch, GA are working closely with technology companies and individual developers on a range of products and services designed to maximise workforce efficiency and interdepartmental communication.
The goal of GA and its strategic partners is to go live with a base package of solutions for small and medium sized businesses within 3 months. During this time development will continue, enabling the enrichment of these core products and services with new features including, after 6 months, the addition of premium grade solutions for larger corporate clients.
For more information about these services please contact:
Steve Finn on +44 (0) 20 7976 6600
Contact
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Tel: +44 (0)20 7976 6600
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Email: office@gaassociates.co.uk
