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The sale applies specifically to services provided to UK-only customers and does not affect the Group’s broader international operations. M247 Group continues to operate globally, including within the UK to support its international customer base, with a growing presence in Europe, North America, and selected emerging markets. The Group is strengthening its strategic focus on supporting global enterprises and is committed to increasing investment in high-growth, cutting-edge technologies such as the Internet of Things (IoT) and AI inference.
Darryl Edwards, CEO of M247 Group, comments, “This divestment is a pivotal step in aligning our business with our international growth strategy. By selling our UK-only connectivity and IT services operations to Convergence Group, we can sharpen our focus on delivering greater value to global enterprises. This move enables us to accelerate our expansion into high-growth technology sectors, including IoT and AI inference services, where we see significant future opportunities. We are excited about the potential ahead as we continue to scale our capabilities and global presence.”
