4. Sync acquired by XMA
Revenues of acquired company: £208m
Month: January
Rationale
XMA turbo-charged its Apple business at the start of the year by acquiring Sync parent company GBM Digital Technologies Group.
Sync’s revenues hit £208m in calendar 2022 (2023 accounts were impending as this report went to press).
What happened next?
XMA remained on the M&A trail, acquiring part of Irish reseller Datapac from former sister company Westcoast (making it the year’s third-most acquisitive UK partner by our estimations – see here).
See next page for 3 bigger deals…
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