About Wavenetuk
Wavenetuk is a company based in Solihull (United Kingdom) founded in 2000 was acquired by Macquarie Group in May 2021.. The company has 240 employees as of April 30, 2021. Wavenetuk has completed 12 acquisitions, including APR Telecoms, Excell Group and Fidus Information Security. Wavenetuk offers products and services including Managed IT Support, CyberGuard, and Unified Communications. Wavenetuk operates in a competitive market with competitors including 1&1 IONOS, Vonage, BlueCat, Viatel and Arkadin, among others.
- Headquarter Solihull, United Kingdom
- Employees 240 as on 30 Apr, 2021
-
Sectors
Telecommunications
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wavenet Limited
- Date of Incorporation 04 Feb, 2000
- Jurisdiction SOLIHULL, ENGLAND
-
Annual Revenue
$143.24 M (USD)94as on Mar 31, 2023
-
Net Profit
$3.65 M (USD)862as on Mar 31, 2023
-
EBITDA
$3.27 M (USD)143as on Mar 31, 2023
-
Latest Funding Round
$97.14 M (USD), Debt – Conventional
Sep 03, 2018
-
Investors
Ares Management
& 3 more
-
Employee Count
240
as on Apr 30, 2021
-
Investments & Acquisitions
APR Telecoms
& 11 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Wavenetuk
Wavenetuk offers a comprehensive portfolio of products and services, including Managed IT Support, CyberGuard, and Unified Communications. 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.
Provides ongoing IT maintenance and troubleshooting for businesses.
Delivers cybersecurity monitoring and incident response services.
Offers voice and collaboration tools for seamless business interactions.
Funding Insights of Wavenetuk
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $97.1M
-
First Round
First Round
(03 Sep 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Debt – Conventional - Wavenetuk | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wavenetuk
Wavenetuk has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ares Management, Macquarie Group and NatWest Group. 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 |
|---|---|---|---|---|
|
Alternative asset investment management firm
|
Founded Year | Domain | Location | |
|
Beech Tree PE is engaged in private equity investments for high-growth companies.
|
Founded Year | Domain | Location | |
|
NatWest Group is recognized as a UK-focused banking institution.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Wavenetuk
Wavenetuk has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include APR Telecoms, Excell Group and Fidus Information Security. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Penetration testing services are provided for information security needs.
|
2017 | ||||
|
Unified communication software is provided for teams and contact centers.
|
2012 | ||||
|
Communication services are provided across the United Kingdom.
|
2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Wavenetuk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wavenetuk Comparisons
Competitors of Wavenetuk
Wavenetuk 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.
|
|
| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
|
|
| domain | founded_year | HQ Location |
Cloud-based DNS, DHCP appliances, and security solutions are provided.
|
|
| domain | founded_year | HQ Location |
Connectivity, voice, and data center solutions are provided by Viatel.
|
|
| domain | founded_year | HQ Location |
Global audio, web, and video conferencing solutions are provided.
|
|
| domain | founded_year | HQ Location |
Business telecom and contact center services are provided to enterprises.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Wavenetuk
Frequently Asked Questions about Wavenetuk
When was Wavenetuk founded?
Wavenetuk was founded in 2000 and raised its 1st funding round 18 years after it was founded.
Where is Wavenetuk located?
Wavenetuk is headquartered in Solihull, United Kingdom. It is registered at Solihull, West Midlands, United Kingdom.
How many employees does Wavenetuk have?
As of Apr 30, 2021, the latest employee count at Wavenetuk is 240.
What is the annual revenue of Wavenetuk?
Annual revenue of Wavenetuk is $143.24M as on Mar 31, 2023.
What does Wavenetuk do?
Founded in 2000 and based in Solihull, United Kingdom, Wavenet operates in the telecommunications sector, delivering unified communications and internet connectivity to small and medium-sized enterprises. Services offered include hosted VoIP, SIP trunking, broadband, Ethernet, MPLS, and colocation. A GBP 35M management buyout led by Beech Tree Private Equity, in partnership with RBS, has supported acquisitions and organic expansion.
Who are the top competitors of Wavenetuk?
What products or services does Wavenetuk offer?
Wavenetuk offers Managed IT Support, CyberGuard, and Unified Communications.
How many acquisitions has Wavenetuk made?
Wavenetuk has made 12 acquisitions, including APR Telecoms, Excell Group, and Fidus Information Security.
Who are Wavenetuk's investors?
Wavenetuk has 4 investors. Key investors include Ares Management, Macquarie Group, NatWest Group, and Beech Tree PE.