M&A Deal Summary

Onecom Acquires Olive Communications

On February 11, 2021, Onecom acquired communications company Olive Communications from BGF

Acquisition Highlights
  • This is Onecom’s 3rd transaction in the Communications sector.
  • This is Onecom’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2021-02-11
Target Olive Communications
Sector Communications
Buyer(s) Onecom
Sellers(s) BGF
Deal Type Add-on Acquisition

Target

Olive Communications

High Wycombe, United Kingdom
Olive Communications Ltd. is an independent business telecommunications provider, operating from seven regional offices across the UK. The company currently manages nearly 100,000 business customers, delivering communication services and unified solutions across fixed line voice, connectivity and cloud computing. Olive Communications is based in High Wycombe, United Kingdom.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Onecom

Fareham, United Kingdom

Category Company
Founded 2002
Sector Communications
DESCRIPTION

Onecom is a provider of communication services and unified solutions across fixed-line voice, connectivity, and cloud computing to companies that includes Farrow & Ball, Thwaites, Celtic Manor, and 118 UK Ltd. Onecom was founded in 2002 and is based in Fareham, United Kingdom.


DEAL STATS #
Overall 3 of 6
Sector: Communications M&A 3 of 5
Type: Add-on Acquisition M&A Deals 3 of 6
Country: United Kingdom M&A 3 of 6
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-11 Nice Network

Sunderland, United Kingdom

Nice Network is a B2B Telecom & IoT solution provider. Nice Network build, manage and deliver effective strategies and solutions to enable an organization to communicate, just as effectively both in and out of the office.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 9 Group

Stonehouse, United Kingdom

Formed in 2001, 9 Group Ltd. is a provider of communication, connectivity, and IT solutions based in Stonehouse, United Kingdom.

Buy -

Seller(S) 1

SELLER

BGF

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2011
PE ASSETS 2.5B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Business Growth Fund (BGF) is a private investment firm focused on early and growth-stage investing across the UK. The Firm also invests in publicly traded companies. BGF's growth team looks to invest £1 to £15 million in small to mid-sized companies looking for additional capital to pursue growth. BGF was established in 2011 and is headquartered in London.


DEAL STATS #
Overall 51 of 131
Sector: Communications M&A 1 of 3
Type: Add-on Acquisition M&A Deals 25 of 70
Country: United Kingdom M&A 48 of 125
Year: 2021 M&A 5 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-09 Arcinova

Northumberland, United Kingdom

Arcinova is a multiservice contract development and manufacturing organization (CDMO) that serves pharmaceutical and biotechnology companies across the globe in developing their life changing medicines. Arcinova was founded in 2015 and is based in Northumberland, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 Cambridge GaN Devices

Cambridge, United Kingdom

Cambridge GaN Devices is a fabless semiconductor company that power design engineers has developed a range of Gallium Nitride transistors that are over 100 times faster, lose 5 – 10 times less power, and are 4 times smaller than existing silicon equivalents. Cambridge GaN Devices was founded in 2016 and is based in Cambridge, United Kingdom.

Buy -