We invested £10 million into Olive in 2016, which helped the business grow to more than £31 million in annual revenue, having pivoted its proposition in 2014 from being “mobile only” to becoming the UK’s leading cloud communications provider. During our partnership, Olive Communications became one of Vodafone’s most successful strategic partners. In 2020, it was recognised as Vodafone’s Innovation Partner of the Year. In 2021, Olive Communications was acquired by a competitor, Onecom, creating the largest B2B mobile, fixed-line and cloud specialist in the UK.
Exited
Olive Communications
Technology
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Midlands
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Growth
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2016 - 2021
Olive provides communications systems to 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.
Looking for funding?
We’ve already helped hundreds of ambitious businesses in the UK and Ireland to accelerate their growth. If you’re looking for a minority investment partner that can provide long-term, flexible funding and support, please get in touch with our team today.
