Sequence advise Abica on its sale to Arrow Business Communications

Sequence is pleased to announce the sale of founder-owned Abica, a provider of critical telecoms & IT services, to leading private-equity backed consolidator, Arrow Business Communications. The acquisition represents Arrow’s largest transaction to date.

Abica is a Glasgow-based leading provider of Telecoms and IT services. Abica has over 650 customers and has deployed a range of solutions covering Connectivity, Mobility, IoT, and Unified Communications for both private and public sector organisations. Abica recently completed the acquisition of PCR IT, bringing further IT capability into its solutions portfolio.

Arrow specialises in telephony, data, IT and energy solutions for businesses. It offers a diverse product range including hosted telephony and mobiles through to mobile device management, telephone systems, IT services, voice and data connectivity. Arrow has ten offices, annual sales of over £49 million and 220 staff supporting a diverse range of businesses from entrepreneurs to national, multi-site organisations and has been backed by Growth Capital Partners since 2016.

“Sequence provided invaluable advice throughout the entire transaction process to deliver this great outcome for the Company. Their experience working with founder-owned businesses means they were always there to lead us through the deal and, as sector specialists, they provided unique insights into the market and access to potential investors.”

Greg BarnettAbica Managing Director