Telelink buys UK's Ideal Networks for £14.6M to enter smart buildings

What's the deal? Telelink Business ServicesDealroom has a profile for this one. Try Dealroom →, a listed Bulgarian IT/OT infrastructure provider now rebranded as Enlayer, has acquired UK smart buildings integrator Ideal Networks for £14.6 million. The deal, completed on July 15, 2026, covers 100% of Ideal Group Holdings Limited and its operating subsidiary, Ideal Networks LimitedDealroom has a profile for this one. Try Dealroom →.

The numbers: In 2025, Ideal Networks generated revenues of £11.81 million and normalised EBITDA of £0.95 million. Telelink financed the acquisition through a €12 million bank term loan, with the balance from its own resources.

What's the endgame? The acquisition gives Telelink a direct presence in one of Europe's most advanced technology markets. It pairs the acquirer's IT/OT infrastructure capabilities with Ideal Networks' smart buildings integration work in the UK.

The signal: The deal reflects the growing role of IT managed service firms in the smart buildings landscape, as infrastructure providers move to blend IT and operational technology under one roof.

Read more: memoori.com

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