About Wavenetuk
Wavenetuk is a Telecommunications company based in Solihull (United Kingdom) founded in 2000, and was acquired by Macquarie Group in May 2021. Business telecommunication services are provided to UK SMEs. The company has 240 employees. Wavenetuk has completed 11 acquisitions, including APR Telecoms, Excell Group and Fidus Information Security. Its website wavenetuk.com draws about 12 thousand monthly visits. Wavenetuk offers products and services including Managed IT Support, CyberGuard, and Unified Communications. Its focus areas include Telecom, Telecom Operators and Business Communication. Its legal entity is WAVENET LIMITED.
Company details
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.
- Headquarters Solihull, United Kingdom
- Employees 240
- Stage Acquired
- SectorsTelecommunications
- Email••••••••
- Website wavenetuk.com
- Social LinkedIn X Facebook
- Acquired by Macquarie Group (May 2021)
- 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$97.14M (USD), Debt – Conventional
Sep 2018
- InvestorsAres Management
& 3 more
- Employee Count240
- Investments & AcquisitionsAPR Telecoms
& 10 more
- Acquired by
Products & Services of Wavenetuk
Wavenetuk offers a comprehensive portfolio of products and services, including Managed IT Support, CyberGuard, and Unified Communications.
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 Rounds 1
- Last Round Debt – Conventional — $97.14M
- First Round $97.14M
(Sep 2018)
- Investors Count 2
All 1 funding rounds of Wavenetuk with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $97.14M | Debt – Conventional | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative asset investment management firm | 1997 | aresmgmt.com | Los Angeles, United States | |
Beech Tree PE is engaged in private equity investments for high-growth companies. | 2014 | beechtreepe.com | Wilmslow, United Kingdom | |
NatWest Group is recognized as a UK-focused banking institution. | rbs.com | Edinburgh, United Kingdom | ||
A global financial services organization with Australian heritage is operated. | 1969 | macquarie.com | Sydney, Australia |
Investor details for Wavenetuk
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Wavenetuk
Wavenetuk has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include APR Telecoms, Excell Group and Fidus Information Security.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Penetration testing services are provided for information security needs. | fidusinfosec.com | Coventry, United Kingdom | 2017 | Feb 2023 | •••• | |
ERP software solutions are delivered to distributors and wholesalers. | ogl.co.uk | 1976 | Aug 2022 | •••• | ||
Enterprise communication services are provided to businesses by Excell Group. | excellgroup.com | Cambridge, United Kingdom | 1992 | Nov 2021 | •••• | |
Internal systems and internet services are provided globally by ISL. | isl.com | Luton, United Kingdom | 1997 | Oct 2021 | •••• | |
Communication services are provided across the United Kingdom. | nts-comms.co.uk | Telford, United Kingdom | 2011 | Oct 2021 | •••• | |
Provider of IT service suite solutions | qubicgroup.com | St Albans, United Kingdom | 1994 | Nov 2020 | •••• | |
Provider of communication solutions for telephony, internet, cloud, security and mobiles | portal-comms.co.uk | Norwich, United Kingdom | 1996 | Feb 2020 | •••• | |
Unified communication software is provided for teams and contact centers. | via.co.uk | Nottingham, United Kingdom | 2012 | Jan 2020 | •••• | |
Business communication and contact center solutions provider | solar.co.uk | Chippenham, United Kingdom | 1988 | Sep 2018 | •••• | |
Provider of fiber internet, security, IT support, cloud, data storage, and other services | talkinternet.co.uk | Warrington, United Kingdom | 1995 | •••• |
Complete acquisition details for Wavenetuk
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Wavenetuk
14 dated milestones of Wavenetuk across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Wavenetuk is founded.
- Exit Acquired by Beech Tree.
- Funding First funding round of $97.1M.
- Acquisition Acquires Solar Communications.
- Acquisition Acquires Via UK.
- Acquisition Acquires Portal Comms.
- Acquisition Acquires Qubic Group.
- Exit Acquired by Macquarie Group.
- Acquisition Acquires NTS Comms.
- Acquisition Acquires ISL.
- Acquisition Acquires ISL.
- Acquisition Acquires Excell Group.
- Acquisition Acquires OGL Computer.
- Acquisition Acquires Fidus Information Security.
Web traffic of Wavenetuk
The website of Wavenetuk (wavenetuk.com) receives about 11.9K visits a month.
- Monthly visits11.9K
▲ 495.8% vs previous month
Websites whose visitors overlap most with Wavenetuk. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aastra.com | 100% | View details | |||
primecomm.com | primecomm.com | 100% | #3,028,841 | – | |
| dscicorp.com | 99% | View details | |||
help.chi.ac.uk | help.chi.ac.uk | 70% | – | ||
| google.com | 65% | 85.8B | #1 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Wavenetuk
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Wavenetuk
Wavenetuk was founded in 2000 and raised its 1st funding round 18 years after it was founded.
Wavenetuk is headquartered in Solihull, United Kingdom. It is registered at Solihull, West Midlands, United Kingdom.
Wavenetuk has 240 employees.
Annual revenue of Wavenetuk is $143.24M as on Mar 31, 2023.
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.
Wavenetuk offers Managed IT Support, CyberGuard, and Unified Communications.
Wavenetuk has made 11 acquisitions, including APR Telecoms, Excell Group, and Fidus Information Security.
Wavenetuk has 4 investors. Key investors include Ares Management, Macquarie Group, NatWest Group, and Beech Tree PE.
Wavenetuk operates through Wavenet Limited.
Yes. Wavenetuk was acquired by Macquarie Group in May 2021.