Wavenet Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Wavenet Limited - overview
Established
2000
Location
Birmingham, -, UK
Primary Industry
Telecoms
About
Wavenet Limited is a UK-based provider of managed services and technology solutions, focused on enhancing connectivity and operational efficiency for businesses through innovative services. Founded in 2000 in Birmingham, UK, Wavenet Limited specializes in delivering advanced technology solutions tailored for various industries. The company experienced a pivotal change in 2021 when Macquarie Capital acquired a majority stake from Beech Tree Private Equity, enhancing its growth potential. It has successfully completed three deals, with the most recent being on May 20, 2021.
The company is led by CEO Suren Pinto. Wavenet provides a comprehensive suite of managed services and technology solutions designed to enhance connectivity, security, and operational efficiency for businesses. The company's core offerings encompass cyber security, connectivity solutions, cloud services, and unified communications. These services are designed to streamline digital transformation, enabling organizations to address various challenges such as data security, communication barriers, and inefficient legacy systems.
Wavenet serves a diverse range of clients across multiple sectors, including public services, healthcare, education, and the legal sector, with solutions tailored to meet the specific needs of each industry. The company operates primarily in the UK and extends its services to various international markets, ensuring that organizations can leverage advanced technologies for improved productivity and secure operations. In the most recent year, Wavenet reported revenues of GBP 143,237,572. 50 and an EBITDA of GBP 31,018,027.
30, reflecting its robust business model based on managed services and partnerships. Wavenet plans to utilize the acquisition by Macquarie Capital to enhance its growth potential in future technologies and digital transformation, with a renewed focus on strategic acquisitions. The company is exploring new product launches and aims to expand into additional markets beyond the UK, although specific regions and timelines have not been disclosed at this time.
Current Investors
Macquarie Group
Primary Industry
Telecoms
Sub Industries
Public Relations & Communications, IT Security/Cybersecurity, Telecoms Providers & Services
Website
www.wavenetuk.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Wavenet Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | AdEPT Technology Group Limited | - | ||||||||
| Add-on | Completed | Fidus Information Security Limited | - | ||||||||
| Add-on | Completed | OGL Software Limited | - | ||||||||
| Add-on | Completed | Excell Group Limited | - | ||||||||
| Secondary Buyout | Completed | Wavenet Limited | - |
Displaying 1 - 5 of 11
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.