Deal type

Sector

Acquisition by AFL Telecommunications LLC of TCC Group

HMT Corporate Finance led by partner Peter Barrand advised AFL Telecommunications LLC on its acquisition of TCC Group, a leading telecommunications network implementation and integration provider based in Bracknell.

AFL manufactures fibre optic cables and components and provides design, project management and installation services from the USA, UK and Germany. TCC which has significant experience in designing, building, installing and maintaining next generation networks for a number of large telecommunications customers will join the AFL global portfolio to provide communications services to the European markets.

Paul Thompson UK MD of AFL commented: I am very excited by the prospects and opportunities this transaction will bring to both companies. It is a key growth opportunity as it enhances our engineering, material logistics and installation capabilities, enabling us to expand and serve major telecommunications companies in Europe. I would like to thank Peter and his team, they provided us with invaluable support throughout the process. Their knowledge and advice in the sector was instrumental in getting the deal across the line.”

Peter Barrand commented: “ We are delighted to have advised AFL on the transaction, the acquisition will significantly extend the range of serves provided by AFL in the UK”.

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