IT and telecommunications firm Flotek Group has made its eighth acquisition since launching a year ago in April 2022. The Cardiff-based startup has bought Liberty Solutions in Swansea for an undisclosed sum as it continues its acquisition-fuelled growth. GS Verde Group advised on the deal.
The company has previously acquired Andover-based FlexiNet, Gower Business Systems, Plymouth IT firm MazingTree and Swansea's Cloud9ine Communications, as well as ECS Solutions, Saecom and Toolk-IT. It has now acquired Liberty Solutions, a telecommunications provider offering telephone systems, telephone lines and business broadband solutions for small and medium-sized enterprises.
Flotek chief executive Jay Ball said: “We are pleased that Liberty Solutions is now part of the Flotek family. They have been a trusted telecom provider for local businesses in and around South Wales, joining Flotek means customers will now benefit from Managed IT & Cybersecurity services from one technology provider.
