Arrow Business Communications shoots for fourth acquisition

Comms VAR continues private equity-fueled spending spree

Arrow Business Communications has snapped up boutique telecoms reseller Reeves Lund in what is the VAR's fourth acquisition since taking on private equity investment.

London-based Reeves Lund sells products and services around data connectivity and also carries out maintenance of on-premises Avaya systems.

Arrow CEO Chris Russell said: "The acquisition of Reeves Lund, our first of 2018 and our fourth in the last 12 months, brings a strong track record of providing connectivity solutions to mid-sized customers.

"Reeves Lund has successfully grown and nurtured long-standing relationships with a range of significant customers, in particular in Legal and Financial services."

Following the acquisition of Reeves Lund and the deals for Pulse Business Energy and Worksmart Technologies last year, Arrow has merged the teams into one London office, in Waterloo.

Arrow also acquired Scottish Avaya partner Siebert Telecom last year.

In its last financial accounts Arrow reported a revenue of £21.6m.

As part of the latest acquisition, Reeves Lund directors Patrick Lund and Peter Harper-Hill have left the business.

Lund said: "I'm delighted that Arrow have picked up the baton from Peter and myself and we will work with them to ensure a smooth customer transition.

"Our staff are excited about the opportunity offered by Arrow as they will be able to provide our customers with enhanced support services and a broader range of products".