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Pure Telecom is taken over

Shropshire communications firm Pure Telecom has been sold. The new owners of the Shrewsbury-based company are Radius Payment Solutions, the group behind the telematics and fuel card brands Kinesis and UK Fuels.

Founder Matt Sandford is stepping down as chief executive of Pure Telecom with immediate effect after 34 years in the telecoms industry, but managing director David Hayward is staying on to join a reshaped senior management team.

Mr Sandford said: “Radius is the perfect home for Pure Telecom and I'm delighted that the two businesses will be joining forces. I'm hugely proud of my team and the reputation we have built over the last 14 years and I have no doubt that they will continue to go from strength to strength, providing the very best service for all our clients.

“This next chapter for Pure Telecom, as part of Radius, will give us opportunities to expand our offerings to our existing and future clients across many more markets. It's going to be an exciting journey." 

Pure Telecom’s office on Shrewsbury Business Park becomes the 11th UK office for Radius Payment Solutions, which employs over 1,400 people and is headquartered in a recently opened 66,000 square-foot campus in Crewe.

Earlier this year, Radius was recognised as one of the UK’s largest private companies and ranked 19th in the 2019 Sunday Times HSBC Top Track 100 list, having seen turnover grow to £2.5 billion in 2019. 

Bill Holmes, chief executive of Radius, added: “Radius has acquired a highly reputable business in a sector where we see huge potential for an offering to our core customers alongside their fuel card and telematics products. We look forward to working with the team at Pure Telecom to continue building Radius’ successful telecoms division, which currently comprises Adam Phones and echo telecoms.”

Pure Telecom has enjoyed year-on-year growth since it was established in 2006 and this has accelerated further over the last five years, resulting in them securing many accreditations and winning a number of high-profile awards in 2019, including ‘Best B2B Dealer’ at the Mobile News Awards, and ‘Reseller Sales Team of the Year (£2.5m-£10m)’ at the Comms Dealer Sales & Marketing Awards.

Acting on behalf of Pure Telecom for this deal were Lanyon Bowdler Solicitors and Stewart Associates, whilst Gateley Legal and Sentio Partners acted on behalf of Radius. The value of the deal has not been disclosed.

Caption: Matt Sandford, left, welcomes the new Pure Telecom owners, Radius

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