WH assists major telecomms buyout

 

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WH assists major telecomms buyout

Wright Hassall has helped a major buyout in the telecommunications sector.

Central Telecom, which specialises in business communications, instructed the 200-strong solicitors to complete a deal for CSP Solutions, a telecoms consultancy, to help it break into new markets.

CSP Solutions, which lists Carphone Warehouse, Orange and T-Mobile as long-standing clients, is a leader in its market and will add a specialist arm to Central Telecom’s core business.

Robert Lee, a partner at Wright Hassall, said: “This was a substantial deal for our client as they aim to penetrate new markets and we are pleased with the smooth nature of the acquisition.

“Central Telecom is a leading European brand and by adding an established consultancy to its stable, they create new opportunities for business growth.”