About Elite Group
Elite Group is a company based in Chorley (United Kingdom) founded in 2000 by Matt Newing.. The company has 186 employees as of July 31, 2022. Elite Group has completed 5 acquisitions, including GP Network Solutions, Highspan and MWL Systems. Elite Group offers products and services including Business Broadband, Unified Communications, Business Mobile, and Contact Centre. Elite Group operates in a competitive market with competitors including 1&1 IONOS, Vonage, BlueCat, Viatel and Arkadin, among others.
- Headquarter Chorley, United Kingdom
- Employees 186 as on 31 Jul, 2022
- Founders Matt Newing
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Elitetele.Com Plc
- Date of Incorporation 24 Jul, 1996
- Jurisdiction CHORLEY, LANCASHIRE
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Annual Revenue
$44.39 M (USD)-1as on Jul 31, 2022
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Net Profit
$-1.65 M (USD)-308as on Jul 31, 2022
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EBITDA
$-1.36 M (USD)-186as on Jul 31, 2022
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Latest Funding Round
$38.71 M (USD), Debt – Conventional
Aug 09, 2018
- Investors
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Employee Count
186
as on Jul 31, 2022
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Investments & Acquisitions
GP Network Solutions
& 4 more
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Products & Services of Elite Group
Elite Group offers a comprehensive portfolio of products and services, including Business Broadband, Unified Communications, Business Mobile, and Contact Centre. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-speed internet service for business operations
Integrated voice, video, and messaging for teams
Tariffs and devices for corporate mobile needs
Cloud-based solution for omnichannel customer interactions
Funding Insights of Elite Group
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $38.7M
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First Round
First Round
(12 Dec 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Debt – Conventional - Elite Group | Valuation |
investors |
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| May, 2015 | Amount | Debt – Conventional - Elite Group | Valuation |
investors |
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| Sep, 2012 | Amount | Debt – Conventional - Elite Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elite Group
Elite Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lloyds Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Commercial banking services are provided to retail and business clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elite Group
Elite Group has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include GP Network Solutions, Highspan and MWL Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Network solutions are provided for IT infrastructure in the UK.
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2018 | ||||
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Telecommunication equipment and help desk services are provided.
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2005 | ||||
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Data, voice, and cloud telecommunication services are provided.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Elite Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elite Group Comparisons
Competitors of Elite Group
Elite Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 1&1 IONOS, Vonage, BlueCat, Viatel and Arkadin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Cloud-based DNS, DHCP appliances, and security solutions are provided.
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| domain | founded_year | HQ Location |
Connectivity, voice, and data center solutions are provided by Viatel.
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| domain | founded_year | HQ Location |
Global audio, web, and video conferencing solutions are provided.
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| domain | founded_year | HQ Location |
Business telecom and contact center services are provided to enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elite Group
Frequently Asked Questions about Elite Group
When was Elite Group founded?
Elite Group was founded in 2000 and raised its 1st funding round 11 years after it was founded.
Where is Elite Group located?
Elite Group is headquartered in Chorley, United Kingdom. It is registered at Chorley, England, United Kingdom.
How many employees does Elite Group have?
As of Jul 31, 2022, the latest employee count at Elite Group is 186.
What is the annual revenue of Elite Group?
Annual revenue of Elite Group is $44.39M as on Jul 31, 2022.
What does Elite Group do?
Elite Group was founded in 2000 in Chorley, United Kingdom, as a telecom provider focused on business clients. Broadband internet, leased lines, VoIP telephony, cloud IT services, and cellular options are supplied through its network infrastructure. Partnerships with O2, Vodafone, EE, Avaya, and Mitel support these operations, alongside M2M solutions and unified communications. Installation, device management, and support are also handled across the UK.
Who are the top competitors of Elite Group?
What products or services does Elite Group offer?
Elite Group offers Business Broadband, Unified Communications, Business Mobile, and Contact Centre.
How many acquisitions has Elite Group made?
Elite Group has made 5 acquisitions, including GP Network Solutions, Highspan, and MWL Systems.
Who are Elite Group's investors?
Elite Group has 1 investor. Key investors include Lloyds Bank.
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