LINK Mobility has acquired FireText UK Limited in a GBP 9.7 million cash and stock deal, with an additional GBP 2.3 million earnout. FireText is a leading provider of text messaging services in the UK, particularly in the public sector. Congratulations to Dan Parker and James Huff on a great outcome.
This follows LINK’s acquisition last week of SMS Works, another UK-based provider, for GBP 4 million. Together, these moves further cement LINK’s position in the UK messaging market.M&A is one of the fastest ways to compress time. These acquisitions are a clear example of that in action. Congratulations to Kasper Lund Hansen and the LINK Corp Dev team on a strong play.