2017 seems to very much be the year of collaboration and consolidation in the UC industry. Communications and collaboration businesses from around the globe are coming together to combine their value propositions and potentially deliver something new to their target market. We've seen this on a gigantic level with the acquisitions happening between Mitel and ShoreTel, as well as Cisco and BroadSoft.
One company that's embraced this integration age with gusto, is thee Comms VAR Arrow Business Communications. Recently, they announced their third acquisition for the year, as they purchased the Gamma and Avaya partner from Scotland, Siebert Telecom.
The Recent Purchase
According to the latest news, growth capital partners took a 50% stake in Arrow back in 2016, which gave the Comms VAR an M&A war chest they could use for acquisitions throughout this year, both in July and March. To begin with, Arrow purchased Pulse Business Energy, then they followed up that acquisition by buying the Mitel partner, "Workspace".
Now, Arrow is growing their position as an acquisitive company even further, with the purchase of Siebert telecom, an advanced company in the telephony space. According to the CEO of the business, Chris Russell, the purchase if Siebert represents yet another positive step on Arrow's roadmap, as they move forward towards becoming a bigger and more competitive telecom entity.
Not only does adding the 16 staff members belonging to Siebert help the Arrow Scotland team to expand their customer support base, but it also helps the brand to continue the focus on their strategy to buy, build, and remain local.
