Wifinity (LDC-backed) Acquires Next Connex

LDC Backs Buyout of Wifinity

September 15, 2021

Telecommunications

LDC has backed a buyout of Wifinity, the Kingston upon Thames–based wireless internet service provider, to support the business's UK expansion and infrastructure investment. Existing investor Literacy Capital is reinvesting alongside LDC and the deal will fund significant investment in Wifinity's wireless networks and growth plans under CEO Costas Demetriou.

Wifinity Acquires Vital WiFi

July 25, 2023

Telecommunications

Managed connectivity provider Wifinity has acquired Vital WiFi, an offshore vessel connectivity specialist based in Hampshire, United Kingdom. The acquisition expands Wifinity’s services into offshore sectors (including traditional and renewable energy platforms and commercial shipping) and brings Vital WiFi’s wireless software platform and customer-engagement capabilities into the Wifinity portfolio.

inherent group Acquires CONEXIO Telecom

March 11, 2025

Telecommunications

inherent group has acquired CONEXIO Telecom, an independent French provider of high‑speed connectivity and telephony (UCaaS) solutions. The deal — supported by Keensight Capital — strengthens inherent group's local B2B telecommunications footprint across France, expands its branch network and enables CONEXIO to broaden its offering with IT and cybersecurity services.

Network Connex Acquires Advantage Engineers

April 15, 2021

Engineering Services

Network Connex, a Chicago-based provider of mission-critical network deployment solutions, has acquired Advantage Engineers, a Columbia, Maryland-based nationwide engineering and design firm serving telecommunications infrastructure projects. The deal expands Network Connex's engineering and professional services capabilities and strengthens its East and West Coast footprint; First Capital Partners and Patriot Capital exited their investments in Advantage Engineers as part of the transaction.

Nitel Acquires WAN Dynamics

March 25, 2024

Telecommunications

Nitel has acquired Cleveland-based WAN Dynamics to strengthen its managed SD-WAN, network, and security capabilities. Operating under the Nitel brand, the transaction expands technical, management, and professional services resources as part of Nitel's growth strategy following Cinven's earlier investment.

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.