MML Capital Partners (“MML”) is pleased to announce that it has made a significant investment into Arrow Business Communications (“Arrow”).
Through a combination of M&A and product expansion, Arrow has grown into a leading provider of business-critical services to UK SMEs and mid-market customers, including mobile, fixed line, hosted telephony, data, IT and energy solutions. The business now employs 245 people across its nine UK offices, servicing over 5,000 customers.
MML has invested alongside proven industry executives in founder Chris Russell and CEO Richard Burke.
Luke Jones, Partner at MML Capital said “We are delighted to be partnering with Arrow in its next phase of growth. Arrow’s market leading customer service and unique product portfolio provides a differentiated offering for its customers, which is supported by its exceptional company culture. Chris, Richard and the rest of the team have delivered strong growth and we are backing them to do more of the same”.
Chris Russell, Chairman noted “We have built a close relationship with the MML team, who particularly impressed us with their flexibility and collaborative approach. We are confident that they are the right partner and look forward to working with them to deliver our ambitious expansion plan”.
Richard Burke, CEO said “MML is committed to maintaining and enhancing our culture, which we believe is critical to our success. We feel they are the right partner to complement the existing Arrow team and look forward to working with them to continue our growth”.
The MML deal team comprised Luke Jones (Partner), Amar Shanghavi (Investment Manager) and Harri Smith (Associate).
MML was advised by Alantra (James Chapman-Andrews) and Pinsent Masons (Ed Stead).
The transaction was supported by CVC Credit Partners.