Castle Street Share Discussion Threads

[zac_mo] 08/3/2016 22:20

So Coltrane see potential at this price. ...let the new tax year kick in then watch this baby go!

[crapcrap] 08/3/2016 08:43

i only have 3 stocks now. csi, bhrd & 88e, of note. i'm well chilled

[mr roper] 07/3/2016 16:11

indeed, cc. there's your answer. Coltrane over 7%

[crapcrap] 07/3/2016 08:35

somebody wants these!
i sold a few last week and my broker rang me to see if i would like to sell all
my holding.
make of that what you will
best regards
cc
p.s. i declined

[mr roper] 03/3/2016 20:36

orderly exit

[zac_mo] 03/3/2016 17:43

Decent volume

[mr roper] 03/3/2016 10:53

looks like Gresham have cleared out now. Happy with their 25% return. Can't argue.

[mr roper] 01/3/2016 21:49

biggest single trade ive seen here yet. share price holding up..bodes well

[albert3491] 29/2/2016 23:05

Sorry as usual you are quite correct.
I have genital warts ...............on my face so this distracts me a lot and I do tend to talk pish as well as drink copious amounts of it.

[albert3591] 29/2/2016 14:16

Looks as though R.Is are becoming wise to these aim shares and are giving them a miss.Low volumes all around,that golden goose has been well and truly killed imo.

[zac_mo] 24/2/2016 17:37

Interesting that they are pushing stock through ISDX.....Mmmmmmmmm

[adorling] 19/2/2016 18:54

Very reassuring!

[mr roper] 19/2/2016 17:05

8.64% holding..skin in the game alright..

[stevieniamh] 19/2/2016 16:54

Matt Hawkins...Founder and Chairman at C4L

hxxps://uk.linkedin.com/in/connexions4london

[zac_mo] 17/2/2016 11:43

AlbertYep that's why it pays to be on well before the herd. now is the time the real money is made

[albert3591] 17/2/2016 11:20

I think more acquisitions will come,more share placings, and the share price will stay at this level,then one morning pow, up we go no one gets in easily.Share placings over subscribed,but I wont moan to much if we get a bit of a rise first.

[mr roper] 17/2/2016 11:13

yup, halfway to the revenue target already. A few tweaks to the key metrics and this will fly. Next acquisition lined up...networks or managed services..decisions, decisions, decisions....

At some point, they'll need to consolidate all and rebrand.

[zac_mo] 17/2/2016 11:07

Important biy is that they are still building and further acquisitions are in the pipeline. Watch this space

[mr roper] 17/2/2016 09:28

Selection Services owner makes £20m purchase



Investment vehicle CSI acquires datacentre operator C4L a month after buying MSP Selection Services


By Jack Gilbert

More from this author


16 Feb 2016


Fresh from its takeover of managed service provider (MSP) Selection Services last month, Castle Street Investments (CSI) has completed a £20.2m deal for network services player C4L Group.

Castle Street Investments was previously a dating website but sold its assets to become an investment vehicle. Last month it received investment from MXC Capital. Following this it acquired Selection Services, and MXC partner Andy Ross, who joined CSI as its new CEO, told CRN he was looking to create a £100m buy-and-build mid-market player.

Now CSI has made a second acquisition, this time taking on C4L, which provides network services and datacentre hosting from its own datacentre. For its year ending 31 October 2015, C4L's sales were £13.9m.

Ross said the deal is a significant step for the firm on its journey to be a leader in cloud and managed services.

"We wanted to have the ability to put the managed services capability we bought with Selection, with a modern network and data infrastructure provider," he said. "That is what C4L have been building for the last few years. They have a modern, high-capacity, high-performance MPLS network and a datacentre in Bournemouth that we can use to offer a modern network-based solution for our client base.

"It's moving us towards what we wanted to be, which is an integrated managed services and cloud provider with our own assets; it's a big step forward," he said. "It allows us to have control over network capacity and performance."

Following the deal, Ross said there will be no office closures for C4L which has bases in Bournemouth and Docklands. He said the firm will operate under a new brand, neither C4L nor Selection, but a name has yet to be decided.

He said that both firms will be integrated as one company.

"Both companies bring complementary tools and services and both have a skilled workforce. The ability to bring that together and provide better value to our client base is great," he said. "We will run it as one business, with one sales and delivery team providing standalone managed services and cloud-based solutions and a network datacentre [offering]."

Following the deal, C4L chairman Mathew Hawkins and Simon Mewett, C4L CEO, will join the board of CSI as its CTO and COO respectively. Ross said having these figures on board will be a boost for CSI.

He also indicated that further acquisitions could be made in the managed services space again or with another datacentre.

The deal was funded by the investment from MXC in CSI and was made up of £14.2m in cash and the allotment of 18,346,918 new ordinary shares.