M&A Deal Summary

Beech Tree PE Acquires Wavenet

On August 11, 2016, private equity firm Beech Tree PE acquired communications company Wavenet for 35M GBP

Acquisition Highlights
  • This is Beech Tree PE’s 1st transaction in the Communications sector.
  • This is Beech Tree PE’s 0th largest (disclosed) transaction.
  • This is Beech Tree PE’s 3rd transaction in the United Kingdom.
Investment Fate
  • Wavenet was sold to a consortium of financial buyers in 2021.

M&A Deal Summary
Date 2016-08-11
Target Wavenet
Sector Communications
Buyer(s) Beech Tree PE
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 35M GBP
Advisor(s) Orbis Partners LLP (Financial)
Higgs (Legal)

Target

Wavenet

Solihull, United Kingdom
website
Wavenet is a multi-award-winning provider of telecoms and technology solutions serving thousands of small and medium-sized businesses and enterprises across the United Kingdom (UK). Wavenet has built on a solid foundation for growth over the last five years, with a focus on future technologies and digital transformation that will drive the industry and its customers. The new partnership with Macquarie Capital will boost this growth potential, by providing both expertise and flexible growth capital. This will enable more investment in the people at Wavenet and provide a renewed focus on strategic acquisitions. Wavenet was formed in 2000 and is based in Solihull, United Kingdom.

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Buyer(S) 1

Buyer

Beech Tree PE

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2014
Size Small
Type Sector Agnostic
DESCRIPTION

Beech Tree PE is a private equity firm focused on investing in and partnering with mid-sized businesses in the support services, technology, consumer, financial services, and healthcare sectors. The Firm will consider opportunities throughout the UK and looks to commit £10 to £40 million per transaction. Prospective transaction situations include owners looking to exit, management buyouts, and acquisition/expansion financings. Beech Tree PE was established in 2014 and is headquartered in Wilmslow, England.

DEAL STATS #
Overall 3 of 10
Sector (Communications) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (United Kingdom) 3 of 9
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 The Fluent Money Group

Lancashire, United Kingdom

The Fluent Money Group Ltd. is an online secured loans broker.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Learnlight

Madrid, Spain

Learnlight is an EdTech company that provides language and skills training to learners in more than 150 countries. The company has developed a learning platform to deliver blended virtual, face-to-face, and digital training programs to employees of regional and global businesses. Clients include blue-chip companies such as Deutsche Telecom, Ericsson, PWC, GlobalEnglish, Coca-Cola, Siemens, Oxford University Press, SEAT, Ricoh, Orange, and Inditex. Learnlight is based in Madrid.

Buy -
Mergr

Product

Company

Legal