Onecom Acquires Olive Communications
February 11, 2021
Onecom, backed by LDC, has acquired rival Olive Communications to create the UK's largest B2B mobile, fixed-line and cloud communications specialist. The deal consolidates market share, brings combined annual turnover of more than £140m and follows follow-on funding from LDC while growth investor BGF exits its stake in Olive.
- Buyers
- Onecom, LDC
- Targets
- Olive Communications
- Sellers
- BGF
- Platforms
- Onecom
- Industry
- Telecommunications
- Location
- Buckinghamshire, United Kingdom
- Transaction Type
- Addon
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