Wavenet is a specialist provider of unified communications solutions to the SME and corporate markets, including products and services across data connectivity, fixed and mobile voice, hosted voice. Clients served include a wide range of businesses, from those with simple requirements through to corporates operating call centre and call handling operations where communications are mission critical.<\/p>\n
“The Clairfield team supported the process from start to finish with enthusiasm, professionalism and focus. Their help and support throughout was invaluable, it has enabled us to secure a great deal meeting the requirements of all stakeholders.” – Chris Jones, Retiring Shareholder\/Director<\/p>\n
Clairfield were initially mandated by the shareholders of Wavenet to identify trade buyers for the business. At early stages of the process, differing motivations in the shareholder base confirmed that a straight trade sale didn\u2019t appear to be the most appropriate option. As a result, Clairfield undertook a process to explore the option of a financial buyer. Beech Tree invested \u00a335 million to meet shareholder\u2019s personal requirements and fund the future growth plans. The funding package provided by Beech Tree and RBS includes a war chest to support acquisitions.<\/p>\n
“Clairfield were excellent from start to finish. Their input at all stages of the transaction was hugely valuable, the new funding solution puts Wavenet in a great position to realise its growth potential \u2013 I wouldn\u2019t hesitate to use Clairfield again.” – Bill Dawson, Managing Director<\/p>\n","protected":false},"featured_media":58513,"template":"","country":[47],"office_involved":[349],"service":[],"sector":[15],"transaction_format":[41,42],"class_list":["post-22632","transaction","type-transaction","status-publish","has-post-thumbnail","hentry","country-uk","office_involved-uk","sector-tech-software-digital","transaction_format-case-studies","transaction_format-track-record"],"acf":{"intro_text":"Wavenet, a specialist provider of unified communications solutions to the SME and corporate market, was sold through an MBO to Beech Tree Private Equity. Wavenet, founded in 2000, provides communications products and services to over 2,000 customers in the UK.","image_mode":"double","transaction_image":50915,"text_between_images":"Sale","transaction_image_2":50919,"transaction_text":"Advisor to the sell side","similar_transactions":[23810,23756,33994,23119,33983,22624],"team":[1387,1343]},"yoast_head":"\n