Issue 4 2021

3 Acquisition International - M&A Spotlight 2021 that they have direct access to their suppliers provisioning systems, including BT Openreach’s WL3 platforms. By taking these steps, it allows the Rainbow Communications teams to directly manage a customer’s service request, enabling them to test lines and make appointments for their 25,000 engineers. It’s a significantly more efficient way of working than other firms can manage, and has garnered great praise within the industry at large. In many ways, the facilities of Rainbow Communications make it the ideal acquisition for the team at Radius. Indeed, this step is not surprising to those who have been watching the way in which this parent company has moved recently. The team have made great steps to secure their position within Ireland, and the acquisition of this telecommunications firm reflects the acquisition of Connect Total Communications. Also based in Belfast, it grants a stronger position to the team at Radius and allows customers to receive even better service from their providers. This carefully targeted series of acquisitions is a credit to Radius CEO Bill Holmes. His decision to be guided by the way technology is developing has been key to securing success for the organisation. It currently has a customer base of more than 10,000 businesses, with over 150,000 vehicles on its proprietary telematics platform. By moving into telecommunications, the team will be able to advance their offering to customers significantly, presenting bold new choices and ways forward. By combining the impressive capacities of both Rainbow Communications and Connect Total Communications, Radius will be able to grow in this relatively new sector of the market very quickly indeed. Both companies are specialists, and by their powers combined with will able to build on already existing systems such as the existing mobile and fixed line services on offer. The most obvious addition is the greater platform for non-mobile services that is now available to the team. Their work will be able to support even more people in an even more effective way than ever before. Building such a strong reputation in the industry has been key to the team at Radius securing such a high level of success. Their work does not just gather together companies of various talents, but enables them to work collaboratively for the benefit of customers. As such, the acquisition of Rainbow Communications is an achievement for all, especially the broader Northern Ireland economy. In these difficult times, it pays to be able to pull together and offer a united front that reflects the needs of the people within Northern Ireland as a whole. Careful targeting is key to any acquisition, and the team at Radius know this better than most. Under the careful guidance of Mr. Holmes, they have found new and impressive ways to thrive within the industry. It’s a credit to the hard work and resilience that the Radius team have been able to build up over the last twenty years. In the 21st Century, it’s clear that communications are set to play a more important role than ever. Finding ways of expanding into the telecommunications industry is just one way in which companies can achieve new and impressive levels of success. The acquisition of Rainbow Communications by Radius shows clearly the value that a strong network has in the world today. adius started with a fuel card company in the north of England, but what was UK Fuels has grown far beyond the wildest dreams of founder and CEO Bill Holmes. Over the last twenty years, the team has seen growth the length and breadth of Europe, and now operates over 23 offices in 15 countries. This is due, in no small part, to the successful merging of more than 25 smaller businesses into the international juggernaut that Radius has become today, with Rainbow Communications the next big step along the road for this impressive team. Now, Radius reaches far beyond its humble beginnings as a provider of fuel cards. It offers a range of solutions to the small and medium fleet sectors with regards to fuel, telematics, telecoms, insurance and most recently electric vehicles. This is due to the way in which the team embrace technology and software innovation. It’s a key tenant that differentiates the businesses from competitors in the market. It also allows them to work closely with firms that share this vision for the future. This is certainly true of the merger between Rainbow Communications and Radius. The future of these two businesses is deeply intertwined with the potential of new ways of working. It is what has allowed Radius to provide its leading range of products and services, and why they have taken such an interest in this Belfast-based firm. It is the eighth that the team have completed within the last two years and represents a significant milestone for the company’s position in Ireland. For Radius, the acquisition of Rainbow Communications opens the door to a customer base that includes many of Northern Ireland’s most successful companies. This impressive customer base is due to the approach of the team at large. Rainbow Communications has long been committed to ensuring that their customers receive industry leading telecommunications experience. As such, the team have spent years investing in ensuring Radius Completes Acquisition of Rainbow Communications R Rainbow Communications teams to directly manage a customer’s service request, enabling them to test lines and make appointments for their 25,000 engineers. It’s a significantly more efficient way of working than other firms can manage, and has garnered great praise within the industry at large.