After going through an Initial Public Offering on Nasdaq First North in 2016, Talkpool embarked on a growth path in three steps. As part of the first step to strengthen network services positioning, Talkpool acquired three profitable network services companies:
The first acquisition of Camouflage BV in the Netherlands at the end of 2016 went very well. The profitable niche of camouflaging telecom sites on Churches, advertising poles, rooftops and building facades in Belgium and the Netherlands has been complemented by telecom site maintenance work and other network services.
The Brussels-based telecom equipment repair-shop Technetix NV was acquired in 2017. The Belgian business did not change much during the first years after Talkpool’s acquisition. A collaboration with DHL allows us to pick up the faulty communication equipment anywhere, repair it within DHL facilities and efficiently return the functional equipment. Clients include cable TV equipment, military forces around Europe and specialist high-security communication.
The third acquisition of Pakistan’s largest telecom services company LCC with over 1’000 employees was also completed in 2017. LCC Pakistan’s first years in Talkpool Group were challenging. After a turn-around in 2020, Talkpool’s company in Pakistan is set to strengthen as growing business hub in the middle east and a low-cost development hub.
Talkpool has entered its second phase of development whereby it plans to complement organic growth with acquiring companies digitizing buildings and sites. In the years 2021 until 2025, Talkpool is particularly interested in acquiring the following kind of businesses with recurring long-term agreements:
- measuring consumption of water and electricity in buildings
- maintenance services for telecom sites (with a clear return on investment by deploying Talkpool’s telecom site solution)
If you have information about potential acquisition targets, please contact email@example.com