Arrow Business Communications has acquired IT consultancy and solutions provider Circle Group – the VAR’s fifth acquisition so far this year. Yes, M&As are them.
Circle made £25 million in annual revenues after getting is paws on Fabric IT earlier this year. It offers services in areas including managed IT support, Microsoft Cloud and cybersecurity.
Arrow which was somewhat proud of its £50 million war chest for acquisitions from private equity firm MML Capital Partners at the start of this year, has also bought collaboration solutions provider Pescado, cloud MSP AIMES, SD WAN service provider UK-tec and networking business Complete Networks this year.
Arrow Business Communications CEO Richard Burke said: “I believe this acquisition completes Arrow’s solution portfolio and ensures we continue to provide relevant solutions across our three customer demographics of enterprise, public sector and mid-market.
