Sheffield-based ASK4 has acquired mywire Datentechnik GmbH, a German provider of managed internet services for multi-tenant buildings.
It marks ASK4’s first acquisition in mainland Europe and forms part of a broader strategic programme to expand the group’s capabilities and presence across the UK and Europe.
As part of ASK4, mywire’s clients and their end user customers will benefit from the combined expertise, innovation roadmap, and infrastructure of a specialist provider already supporting more than 360,000 end users across the UK, Germany and 10 other European countries.
Combined with ASK4’s current German portfolio, the mywire combination will take ASK4’s overall presence to over 40,000 end-customers in Germany.
Christopher Holloway, chief revenue officer, ASK4, said: “This acquisition brings together two highly complementary businesses with a shared commitment to delivering outstanding service.
“By combining ASK4’s scale and technical infrastructure with mywire’s deep local expertise, we can immediately enhance our support for clients in Germany, and the wider DACH region, and offer a stronger, more responsive service to multi-tenant building operators and residents.”
Andrew Dutton, CEO, ASK4, said: “ASK4’s acquisition of mywire strengthens our presence in a strategically important market and accelerates our ability to deliver consistent, high-quality service to clients operating across borders. This is about more than scale, it’s about building the capability to support our clients to the highest level possible.”
Oliver Emsmann & Volker Meier, founders & managing directors, mywire, said: “As founders of a business, it’s always a difficult decision to sell. We have thought carefully about mywire’s future and we believe ASK4 is the right long-term partner both culturally and strategically. We share a collective passion for service excellence, innovation, and putting clients first.
“Building our business has been an incredibly rewarding and exciting journey. Joining ASK4 will allow us to continue to offer our clients the benefits of a broader service platform and international expertise, while continuing to build upon the relationships that have always been at the heart of our businesses. We look forward to working with the team at ASK4.”
The mywire team, brand, and client relationships will remain in place.