UK technology services provider Chess acquired The Telephone Number Company (TTNC) to bolster the firm's small business reach and improve customer experience. Financial terms of the deal were not disclosed.
This is technology M&A deal number 178 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals for 2022, 2021, and 2020 listed here.
Chess Acquires UK's The Telephone Number Company
Chess was founded in 1993 and is headquartered in Cheshire, UK. The company has around 300 employees and serves over 28,000 customers, from small business to large blue-chip enterprises and public sector organizations, according to the company's website. Chess’ product portfolio includes connectivity, cloud, digital and security solutions, including business broadband, telephony, and unified communications, as well as professional and managed services.
TTNC is a provider of end-to-end communication solutions, boasting the UK's most comprehensive range of telephone numbers, according to the company. Their services also include call management packages, cloud numbers, VoIP services, SIP trunks, call tracking and bespoke telephone answering services.
David Pollock, Chess founder and executive chairman, commented:
“We have ambitious growth plans and the acquisition of TTNC sets us up for a great start to the year. Small business owners are time poor so need a knowledgeable and efficient technology partner. The addition of The Telephone Number Company will further strengthen our capability to deliver end-to-end services to our small business customers through a fully digital experience.”
Mark Burcher, managing director and founder of TTNC, added:
“I am delighted that TTNC is joining Chess at such a pivotal and exciting time in the industry. I've always admired how Chess is so passionate about their vision, culture and values, and how they continuously invest in their people, so finding a new home for the TTNC Team and TTNC Customers was an easy choice for me. The acquisition will create many opportunities for our people and customers, and I'm excited about the future.”
