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

Beech Tree Private Equity Invests in Fourteen IP

April 9, 2025

Cloud & SaaS

Beech Tree Private Equity has made a growth investment in Fourteen IP, a UK-headquartered provider of cloud telephony and AI solutions for the hospitality industry. The investment will fund Fourteen IP’s global expansion (notably into Asia and Australia) and support a buy-and-build M&A strategy, backed by an acquisition facility from NatWest; Beech Tree will also join the company board.

Beech Tree Private Equity Invests in Arc Systems

April 17, 2023

IT Services

Beech Tree Private Equity has made a growth investment in Arc Systems, a Basildon‑based provider of cloud and IT managed services, to support the company's rapid expansion across the UK SME and mid‑market segments. The capital will be used to scale capabilities—particularly across the Microsoft stack—strengthen technical resources and accelerate Arc's growth in the fragmented UK managed services market.

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.

Beech Tree-backed BCN Group Acquires Xicon Cloud

January 5, 2021

Cloud & SaaS

BCN Group, backed by Beech Tree Private Equity, has acquired Xicon Cloud, a Warrington-based cloud managed services provider, in a multi-million pound deal (terms undisclosed). The add-on strengthens BCN Group's private cloud and NHS-focused capabilities, boosting annuity contract revenue and complementing its G-Cloud offering.

Wavenet Acquires Portal Voice and Data Limited

February 17, 2020

Telecommunications

Beech Tree Private Equity-backed Wavenet has acquired Portal Voice and Data Limited, a Norfolk-based unified communications and telecoms specialist, in a multi-million pound deal. The acquisition is an add-on as part of Wavenet's buy-and-build strategy and will expand Wavenet's product and geographic reach while giving Portal customers access to Wavenet's TeamsLink and other cloud telephony services.

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.