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 product set from 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.