Macquarie Acquires Wavenet: Continued Growth
“We are delighted to partner with the Wavenet team and help them continue their strong growth trajectory. This investment provides us with a unique opportunity to deploy our flexible capital to grow a leading UK technology provider at a time when organisations across the country are looking for increasingly innovative technology solutions. We are looking forward to using our experience from growing other UK businesses to support the development of Wavenet both from an organic and acquisitive standpoint.”
“I am extremely grateful for Beech Tree’s support and advice over the last five years, the team have been integral in empowering the expansion and development which has resulted in our fantastic growth. As a team, we are excited to continue to build on this growth as we enter our new partnership with Macquarie. I am confident that the passion and quality of our people, management and infrastructure combined with Macquarie’s experience will drive us to even greater success in the future.”
“We are delighted to have worked with Bill and the management team at Wavenet over the past five years. The business has grown substantially – both in scale and capability, including eight strategic acquisitions. Wavenet is now one of the stand-out unified communications players in the UK market. I wish Macquarie and Wavenet every success for the future.”
