Zzoomm has appointed Acuity Advisors to explore potential M&A targets, according to a report from Sky News.
Wed, 7/06/2023 - 14:09
Obelisk’s expansion into the UK wireless telecommunications sector has been boosted through the acquisition of Balfour Beatty’s telecoms division.
The move underpins the company’s UK growth strategy to extend its service offering, technical capacity and scope for innovation in fixed line, mobile and energy services, along with the support of MJ Quinn and fellow subsidiaries.
Acquiring new UK headquarters offices in Southampton, Obelisk will retain Balfour Beatty’s existing team of employees and partners.
The company’s expanded geographical footprint will see it delivering nationwide services and infrastructure solutions for clients in the UK telecoms, Irish telecoms and energy sectors.
CEO Ronnie Delaney commented: “Obelisk will continue to accelerate new growth opportunities in these sectors, going beyond connection to invest in and expand our workforce and offer more complete solutions for our clients in new and existing markets.”
