A strategic sale to TXO aligned Lynx with a buyer whose sustainability-led model matched its long-term vision for the telecoms market.

EnableX is a channel-focused technology provider comprising Pragma, Techland and Candio. It supports resellers across multiple technology areas, including cloud communications, where it has built a strong position in the UK wholesale channel.

Gamma Communications acquired the business as part of its strategy for growth and leadership in UCaaS, while EnableX will continue to operate independently under its existing leadership team.

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Knight Corporate Finance, now part of K3 Deal Advisory, advised the shareholders of EnableX on its sale to Gamma.

The team had previously advised on the merger between Pragma and Techland to create EnableX and on the associated funding. This gave the shareholders continuity of advice and helped ensure all options were considered when a strategic approach was received. The transaction was led by Paul Billingham, supported by Chris Collins and Jacob Pattison.

The deal provides Gamma with a strong channel-focused platform and gives EnableX the backing of a larger strategic partner while preserving its independence and leadership.

TXO shares our vision for sustainable telecoms and provides the right platform to extend our impact globally.

Lyn Pickering said

This deal reflects our long-term approach to client relationships and it has been a pleasure to support the team at Lynx through to completion.

Dominic Lillie added