Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Arrow Business Communications makes fourth acquisition since PE investment

Arrow Business Communications makes fourth acquisition since PE investment

Tue, 18 May 2021 | BUSINESS SALE



Business telecoms firm Arrow Business Communications has announced the acquisition of UK-tec, the company's fourth takeover since it received a £50 million investment from MML Capital Partners in January 2020. The private equity backing aimed to help the company to strengthen its growth via a buy-and-build acquisition strategy.

Since MML’s private equity investment, Arrow Business Communications has completed the acquisitions of Altinet and MSP Click Networks before moving into the public sector in March 2021 with its takeover of Complete Networks.

UK-tec offers multiple network and security solutions that fit into Arrow Business Communication’s development strategy, including managed services and SD-WAN. The target firm’s partners include TalkTalk Business, Fortinet and CheckPoint.

Arrow Business Communications CEO Richard Burke said: "As a group we have been looking to accelerate the development of our SD-WAN, complex networking and wider channel offering.”

"Bringing the UK-tec business into the group significantly enhances our capability in all of these areas, with the team providing strong technical leadership and experience that will benefit both the Arrow Group and its channel partners.”

"I am excited about what we can achieve together with our combined product portfolio in the coming years and delighted to complete the acquisition."

UK-tec Co-founder and MD Ian Jackson commented: "The acquisition advances our strategy by at least two years. Being part of the Arrow group provides us with the structure and capability to support the UK channel with a range of services allowing them to flex and react to the needs of their customers as lockdown restrictions are relaxed.”

In Arrow Business Communications’ most recent accounts, which cover the year ending December 31 2019, the month prior to MML’s investment, the group reported turnover of £31.4 million, up from £22.1 million a year earlier.


Read more about private equity-backed acquisition strategies.

Find businesses for sale here.

If you are looking for an exit, we can help!


Share this article



Latest Businesses for Sale

Provider of Tax Compliance, Advisory and Training Services
UK Wide

A multifaceted organisation operating with several divisions providing a comprehensive, specialist offering. Provides a variety of tax compliance and advisory services, including tax returns, tax investigations, asset tracing and cryptocurrency advic...

Asking Price: Offers Invited
Turnover: £776,000

LEASEHOLD


Provider of Foster and Residential Care Services
North East, UK

A successful and OFSTED-registered organisation operating for over a decade in the social care sector. Utilises an extensive network of foster carers to deliver placement services to local authorities across the UK. Operates a children’s home, provid...

Asking Price: Offers Invited
Turnover: £1,700,000

LEASEHOLD


Technical Consultancy Installing and Manages Trading Systems
UK Wide

Offers a variety of core consultancy services, including professional services, automated software, managed services and provision of software licenses. Caters to 12 active, international clients and benefits from high retention rates, with all of it...

Asking Price: Offers Invited
Turnover: £1,200,000

RELOCATABLE



View more businesses for sale

News Search

Latest News

 
27
 
Jun
 

Administrators seek buyer for listed pharmaceutical company | ADMINISTRATION

Listed pharmaceutical firm 4D Pharma Plc has fallen into adm...

 
24
 
Jun
 

E-commerce imports retailer up for sale for £1.6m | BUSINESS SALE

Deals Incorporated, a Manchester-based e-commerce retailer t...

 
23
 
Jun
 

Auto Trader completes acquisition of Autorama at nearly 16x gross profits | BUSINESS SALE

Auto Trader has completed the acquisition of new vehicle lea...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.