North West comms business Arrow secures investment to boost acquisition plans

Newton-Le-Willows based Arrow has announced the completion of a strategic investment (undisclosed figure) by Growth Capital Partners (GCP) to fast track growth and secure future M&A activity.

Recent strategy has seen Arrow completing seven acquisitions in the last six years. The business has nearly trebled in size and transformed from its mobile roots to a much broader based business communications supplier.

The Arrow team are now looking to boost organic growth with acquisitions to strengthen their hosted, data and IT services portfolio.

GCP is an independent private equity company which invests in growing UK SMEs and will provide a significant acquisition fund to enable Arrow to continue their ambitious growth strategy and further develop their presence in the industry.

Chris Russell, CEO of Arrow Business Communications, commented:

“I am delighted that GCP has become a major investor in our business and look forward to working in partnership with them in order to help Arrow continue to flourish. GCP has an excellent reputation for supporting SME businesses in the UK and we welcome their support, experience and enthusiasm.”

Arrow and GCP will work in partnership moving forward with both parties holding a 50% shareholding in the business. Led by Chris Russell and the current management team, Arrow will continue to operate from the same 5 locations delivering a personal level of support to their base of customers throughout the UK.

Richard Shaw, Investment Director at GCP, commented: “We are delighted to have completed an investment to support the exciting growth plans of the Arrow management team. With a market position supported by exceptional levels of service differentiation and a proven buy and build track record, Arrow is ideally placed to benefit from continued business communication convergence. With our funding support and technology sector M&A experience we look forward to supporting the next stage of the buy and build strategy.”

Arrow continues to reinforce its position in the market as a leading telecommunications and IT supplier to businesses throughout the UK. Arrow’s primary driver is to nurture close customer relationships through personal contact whilst offering dynamic solutions to suit all types of business.