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
Location
Buckinghamshire, United Kingdom
Transaction Type
Addon

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