Stories of Growth

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Olive Communications

IT infrastructure provider

Company overview

Olive provides communications systems, which help corporate, small and mid-sized organisations improve their IT infrastructure systems. Customers are provided with a single, unified IT and communications infrastructure which delivers cost efficiencies and improves workforce accountability.

BGF invested £10 million of growth capital into Olive in 2016, which helped the business grow to more than £31 million in annual revenue, pivoting its proposition in 2014 from being “mobile only” to becoming the UK’s leading cloud communications provider. During this period Olive Communications became one of Vodafone’s most successful strategic partners and in 2020 it was recognised as Vodafone’s Innovation Partner of the Year.

Olive Communications was acquired by competitor Onecom, in a move that will create the largest business-to-business mobile, fixed-line and cloud specialist in the UK.

Website
olive.co.uk

Company information

Head office
  • High Wycombe
Founder & CEO
  • Martin Flick
Chair
  • Roger Flynn
BGF office
BGF team
Investment date
  • Jan 2016 - Feb 2021
Total BGF investment
  • £10 million