A1 Comms, which owns BuyMobilePhones.net, has acquired Shebang’s Go Mobile retail estate of 100 franchises.
Iain Humphey (pictured), MD of Shebang Technologies, confirmed today that a deal has been struck. A1 Comms said it had acquired Shebang's Go Mobile franchise business, known as the Purple Partnership Franchise Programme, to complement its existing online operations, BuyMobilePhones.net and Mobileshop.com.
The deal sees A1 Comms return to the high street and is projected to boost the company's turnover to approximately £120 million in 2012.
Managing director Paul Sisson said: 'This is an exciting opportunity for us. We hope to bring value to the franchises and I feel confident that they will go from strength-to-strength.
'Having shops staffed by motivated franchisees running their own business is an attractive proposition and, through this high street offering, A1 Comms can continue to pass on excellent savings to its customers.'
A1 Comms commercial director, Stuart Joce, who recently joined the retailer from Three, said: 'This is indicative of the ambition of A1 Comms, and Paul Sisson. I’m really excited about what this means for our business, and for the franchisees in the future.'
A1 Comms, which is based in Alfreton, Derbyshire, said it is looking to recruit more staff to add its current headcount of 75 current employees, to support the acquisition and further growth of the online business.
The retailer was founded in 1997 by Sisson. It established itself with a chain of retail stores across the East Midlands, before turning to online retail with the BuyMobilePhones.net website. The company has experienced rapid growth appearing in the Sunday Times Fast Track 100 for two years running, topping the chart in 2010.
Shebang Technologies includes a distribution business, an MVNO business and the website AffordableMobiles.co.uk.
Editor: Carol Millett