Subscribe For Free

Rydal Group takes minority stake in Guru Technology

Staff Reporter
December 5, 2023

Peterborough communications provider Rydal Group has acquired a 10 per cent stake in Northampton telecoms provider Guru Technology. Both businesses will continue to operate under their respective brands. 

The deal signifies new territory for Guru, presenting opportunities for its customers to access a wider portfolio of products and providing stability for future growth, as stated by Guru directors John Bennetts (r- main pic) and  Arran Kirton

Rydal Group, established in 2008 by managing director Steffan Dancy, commenced its operations from a home-based location, offering airtime, BT line rental, and call traffic services to local small businesses within the Peterborough area.

“I’ve known Steffan for a number of years,” mentioned Kirton. “We both share a passion for delivering high-quality service. This is just one of Rydal’s many investments and acquisitions as part of their buy-and-build strategy.”

Kirton:a broader range of products

“This deal brings expertise into the fold, enhancing our purchasing power and introducing non-telecom products like Security, EV, and Energy for our customers,” Kirton added. “We are eagerly anticipating offering both new and existing clients a broader range of products. We anticipate a long-standing partnership that will benefit everyone associated with the business. This partnership enables us to provide customers with cutting-edge products while maintaining the industry-leading service levels our customers are accustomed to.”

Dancy:aligns with our overarching growth strategy

Dancy further remarked, “Guru Technology maintains high standards, possesses loyal customers, and is led by a great team. It’s a business with significant potential and an outstanding reputation with suppliers and customers. This deal aligns with our overarching growth strategy. Rydal will operate independently from Guru Technology to ensure the integrity of both brands.”

Share this article