Arrow Business Communications Limited (Arrow) has acquired UK-tec Limited (UK-tec) in its second acquisition of 2021 and fifth since MML invested in January 2020. The acquisition provides Arrow with access to a range of Network and Security products and services, including SD-WAN and IT managed services, as well as UK-tec’s extensive experience in the delivery of services via the UK channel.
The acquisition will allow Arrow to utilise the experience of UK-tec’s founders, serial entrepreneurs and technical specialists, Ian Jackson, Matt Johnson and Ed Davison, who quickly established UK-tec as the leading provider of security, network and SD-WAN managed services for the UK channel, including TalkTalk Business.
Ian Jackson, co-founder and Managing Director of UK-tec explained: “The acquisition advances our strategy by at least two years. Being part of Arrow provides us with the structure and capability to support the UK channel with a range of services allowing them to flex and react to the needs of their customers as lockdown restrictions are relaxed. We are extremely pleased to be a part of Arrow and excited about the future.”
Commenting on the acquisition, CEO of Arrow, Richard Burke said: “As a Group we have been looking to accelerate the development of our SD-WAN, complex networking and wider channel offering. Bringing the UK-tec business into the Group significantly enhances our capability in all these areas, with the team providing strong technical leadership and experience that will benefit both Arrow and its channel partners. I am excited about what we can achieve together with our combined product portfolio in the coming years and delighted to complete the acquisition.”
Arrow was assisted on the acquisition by Deloitte Little (Deborah Angel) and RSM (Rob McCarthy).
The transaction was supported by CVC Credit Partners.