Communications firm underlines investor’s growth plans with new acquisition

Paul Franks, managing partner of Beech Tree Private Equity
A Solihull communications business has undergone further expansion in a deal which underlines the growth ambitions of one of its major investors. Wavenet has acquired Norfolk-based Swains, a leading provider of business communications solutions including telephony, internet, mobile and VoIP (Voice over Internet Protocol). The terms of the deal have not been disclosed. The deal follows on from Wavenet, which is based at The Green, Shirley, acquiring Talk Internet in March this year. Wavenet underwent a £35 MBO last year in a ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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