Comms VAR makes third 2017 acquisition

Arrow Business Communications snaps up Scottish Avaya partner

Comms VAR Arrow Business Communications has made its third acquisition of 2017, snapping up Scottish Avaya and Gamma partner Siebert Telecom.

Growth Capital Partners took a 50 per cent stake in the firm in 2016, giving Arrow an M&A war chest which it used for acquisitions in March and July this year.

The VAR acquired energy broker Pulse Business Energy, as well as Mitel partner Workspace.

Arrow CEO Chris Russell said: "We are delighted with the addition of Siebert to the Arrow Group which builds on the acquisition of Orca Telecom three years ago.

"Adding Siebert's 16 staff to the Arrow Scotland team will expand our local customer support and fits with Arrow's 'buy, build and stay local' strategy.

"Our third acquisition of 2017 adds further geographic and product portfolio diversity to Arrow and completes the achievement of our key objectives for the year. I have no doubt Arrow Scotland will continue to grow and thrive in the years to come."

The addition of Siebert to Arrow's Scottish arm takes the combined business to 850 customers, with a team of over 20 staff.

In its most recent filing on Companies House, the overall Arrow group reported revenue of £21.6m for the 12 months ending 31 December 2016.