Wavenet’s Latest M&A Heralds New Era of ‘Massive Growth’

Wavenet’s Latest M&A Heralds New Era of ‘Massive Growth’

Wavenet’s acquisition of Telford-based NTS Communications signals the start of another period of “massive growth” for the company, according to CEO Bill Dawson.

NTS offers contact centre, unified communications, cloud, and IT services to UK and international customers. It counts Mitel, Avaya, and Gamma among its vendor partners. Its addition is expected to bolster Wavenet’s presence and position in the UK, as well as adding experience and knowledge to the wider group.

Wavenet changed ownership earlier this year, with private equity firm Macquarie Capital Principal Finance now holding a majority stake in the managed service provider. The company saw its revenues quadruple to £60m under its last private equity owner,  Beech Tree.

Dawson stated:

“NTS join Wavenet at the start of another period of massive growth, this brings fantastic opportunities for the customers and employees of NTS”

“The acquisition also brings additional IT and cloud experience into the Wavenet group which, combined with Wavenet’s existing portfolio, gives our customers a vast range of solutions to help make their business brilliant.

“With hybrid working now at the forefront of everyone’s mind, it’s brilliant that NTS customers will have access to Wavenet’s cloud solutions, including TeamsLink for Microsoft Teams that can quickly and easily implement external calling within Teams to enable remote and home working for businesses across the UK. I am excited to have the team at NTS joining the Wavenet Group and am looking forward to bringing our expertise and support to their customers.”

Alan Pallett, Director of NTS Communications, added: “It has been great working with the Wavenet team throughout this process, the acquisition of NTS is a truly exciting opportunity for all of our customers and our staff.

“Being part of the Wavenet Group will give our customers access to further capabilities to adopt innovative and cloud-based contact centre, telecoms and IT solutions that are part of Wavenet’s large portfolio and will also give them access to their first-class customer and technical support.”

This Article was first published by UC Today.

Published by UC Today

October 4, 2021

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