TalkTalk Telecom Group Limited entered into an agreement to acquire Virtual1 Ltd from BGF Investment Management Ltd. and others on April 4, 2022. As part of the deal, Chief executive officer, Tom O'Hagan, and his excellent team of 200 people will continue to lead the standalone business. The transaction is expected to complete by the end of May. Malcolm MacDougall of Stephenson Harwood LLP acted as legal advisor to BGF Investment Management Ltd. in the transaction.

TalkTalk Telecom Group Limited completed the acquisition of Virtual1 Ltd from BGF Investment Management Ltd. and others in April, 2022.