Aliter Capital backed Boston Networks, an integrated technologies specialist working across IT network infrastructure with a focus on fire, security and smart building systems completed its first bolt-on acquisition, PEL Services.
PEL is a sound, fire, security and audio-visual solutions company with national coverage across a broad range of private and public-sector customers, providing design, supply, installation and maintenance solutions across its range of services.
It contributes to the Group’s strategic plan of developing a fire, security and IT networking group with national coverage and diversified blue-chip customer base, by expanding the national footprint to include London and SE England.
BDO provided financial and tax due diligence in support of the transaction.