A carefully prepared process, supported by Knight’s Vendor Assist programme, helped CMT achieve a successful exit to Babble and deliver value for its shareholders.
The client
Corporate Management Telecom (CMT) is an Essex-based telecoms and IT services provider founded in 1998. The business serves a mix of SME and corporate clients and had reached a point where the shareholders wanted to prepare for a potential exit.

What we did
Knight Corporate Finance, now part of K3 Deal Advisory, initially worked with CMT through its Vendor Assist programme, conducting a dry-run diligence exercise and identifying actions to take ahead of a formal process.
Once launched, the team ran a competitive sale process to a select number of buyers and Babble emerged as the preferred acquirer. The process was structured to maximise value while ensuring the business was ready for the rigours of transaction execution.
The outcome
The transaction delivered an outcome that met the expectations of all shareholders and demonstrated the value of advance preparation.
For Babble, the acquisition added another attractive communications and IT business with a complementary client profile and location.
Vendor Assist gave us confidence in both our readiness and our price expectations. Knight managed the process professionally and helped us secure the outcome we wanted.
Firas Bilbeisi said





