4com founder and managing director Daron Hutt has passed away. He served as a key leader for the company throughout its history. The announcement was shared by Comms Dealer.
A UK-based phone systems supplier with 571 employees reports higher revenue after acquiring customer bases. The company, acquired by Daisy Group last year for £215 million, expands its market reach through strategic acquisitions.
Comms channel veteran **Daron Hutt** sells **4Com** to **Daisy**, securing a reported £100m+ profit from the deal. The acquisition marks Daisy’s expansion in the communications distribution sector. Hutt’s stake in 4Com generated significant financial returns following the transaction.
Daisy Group, an IT and communications services provider founded by entrepreneur Matthew Riley, has agreed to acquire 4Com in a £215 million deal. The transaction reflects a strategic consolidation move in the IT services sector. Daisy Group specializes in delivering integrated technology solutions to businesses.
