Macquarie Capital Principal Finance (Macquarie Capital) has today announced the majority acquisition of Wavenet Group Holdings Limited (Wavenet), a multi-award-winning provider of telecoms and technology solutions - serving thousands of small and medium-sized businesses and enterprises across the United Kingdom (UK).
Wavenet has built on a solid foundation for growth over the last five years, with a focus on future technologies and digital transformation that will drive the industry and its customers. The new partnership with Macquarie Capital will boost this growth potential, by providing both expertise and flexible growth capital. This will enable more investment in the people at Wavenet and provide a renewed focus on strategic acquisitions.