British Internet Company to Go On Acquisition Trail

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UK ISP Supanet defies the credit crunch and announces acquisition strategy for technology companies.

UK Internet service provider (ISP) Supanet today announced plans to acquire telecommunications and technology companies in a bid to expand its customer base.

The firm has stated that having built up a solid business across a range of technologies, it is now seeking to grow through acquisitions.

Following a successful history of mergers and acquisitions, Supanet is targeting technology companies that may be reassessing their position or possibly looking to exit as the economic situation tightens its grip.

Managing Director at Supanet, Steve Smart, said: "Many companies are feeling the pressure as the recession takes hold."

"We are in the fortunate position of being able to make strategic acquisitions as we move to grow our current portfolio."

"We are open to discussions with all technology companies, with particular attention to small ISPs, voice solution providers and telephony resellers," he said.

Commitment to customers will remain at the forefront of their priorities Supanet explained, making the transition as smooth as possible for customers of the companies acquired without losing focus or affecting the experience of its own client base.

Notes to editor:

About Supanet:
Supanet Group, established 1998, consists of companies across the technology and telecommunications sector, dedicated to offering a complete internet solution to home consumers and SME businesses.

Supanet provides a range of high speed broadband, web hosting, webmail, SMS and wholesale line rental solutions as well as a free 20 channel portal using its own first class network infrastructure, peering to Tier 1 carriers.

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Steve Smart
Supanet
01282 681000 ext. 1012
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Natalie Bennett
Supanet
01282 681000 ext. 8620
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