Wavenet Acquires Axial Systems Ltd

Wavenet Group (backed by Macquarie) Acquires Excell Group

November 5, 2021

Telecommunications

Wavenet Limited, a Macquarie Capital Principal Finance-backed UK managed service provider, has acquired Excell Group for an undisclosed sum. The add-on strengthens Wavenet's cloud and workspace capabilities, increases its London/southern presence and adds Excell's business-centre infrastructure to Wavenet's portfolio.

Wavenet Acquires AdEPT Technology Group plc

April 14, 2023

IT Services

Wavenet announced on 14 April 2023 that it has taken AdEPT Technology Group plc private, acquiring the UK-based managed technology and communications provider. The acquisition brings together Wavenet's cybersecurity, telecoms and managed services capabilities with AdEPT's public sector and education-facing expertise to broaden service offerings and strengthen Wavenet's position as a leading UK MSP.

Wavenet (backed by Beech Tree PE) Acquires Qubic Group Plc

November 19, 2020

Telecommunications

Wavenet, the Beech Tree Private Equity–backed unified communications and cloud provider, has acquired Qubic Group Plc, a Hertfordshire-based specialist in cloud, voice and data, in a multi-million pound add-on transaction. The deal, funded by Beech Tree Private Equity with support from Ares Management, strengthens Wavenet's UK cloud and voice capabilities and continues its buy-and-build strategy under Beech Tree's ownership.

Wavenet Acquires VIA (Smart Hosted Solutions Limited)

January 7, 2020

Telecommunications

Wavenet, a UK unified communications and managed services provider backed by Beech Tree Private Equity, has acquired VIA (Smart Hosted Solutions Limited), a Nottingham-based Microsoft Teams and Skype for Business specialist. The add‑on purchase strengthens Wavenet's Teams/Office 365 capabilities and expands the group's UC customer base and technical expertise as part of its buy‑and‑build strategy; financial terms were not disclosed.

Astrion Acquires Axient

July 24, 2024

Aerospace & Defense

Astrion, a portfolio company of Brightstar Capital Partners, agreed to acquire Axient to expand its mission support, systems engineering, test & evaluation, and advanced engineering capabilities. The deal was announced July 24, 2024 and closed September 5, 2024; the acquisition is intended to broaden Astrion's defense and federal services offerings and scale the combined workforce and customer base.

IP Pathways Acquires Tenax Solutions

November 21, 2023

Cybersecurity

IP Pathways, a Midwest technology solutions and managed services provider, has acquired Tenax Solutions, a cybersecurity firm founded in 2019 that provides vulnerability scans, penetration testing, and compliance services. The acquisition expands IP Pathways' security and compliance capabilities and will allow the combined business to deliver enhanced information security offerings to MSPs, SMBs and enterprise clients across the United States.