Wavenet’s turnover has now surpassed £100m with the acquisition of Excell Group.
London-headquartered Excell counts Cisco, Avaya and Konftel among its vendor partners. Its purchase will boost Wavenet’s presence in the cloud and workspace market.
The acquisition marks the MSP’s third in the span of a month following those of ISL and NTS Communications. Wavenet now services over 10,000 businesses and has revenues of over £100m.
Bill Dawson, CEO of Wavenet, stated:
“Excell is the largest and most exciting acquisition we have made to date, bringing new services and a talented team into the Wavenet Group”
“This acquisition represents a huge step forward in our growth plans, giving us a stronger presence in the south of the UK and adding experience in growing service areas including flexible workplaces and cloud.”
“Excell’s passionate focus on customer happiness closely reflects the values that everyone at Wavenet is dedicated to, the combined capability will meaningfully benefit our customers, partners, and employees. I am extremely proud of our teams and look forward to continuing our growth and success as we integrate Excell into the Wavenet Group.”
Darren Strowger, Chairman of Excell Group, added:
