Solar Communications Group Limited has been acquired by Wavenet Group, a cloud communications company backed by Beech Tree private equity.
Solar was founded in 1988 and has grown rapidly to be recognised as an industry leader in the burgeoning business communications and IT marketplace. They design, deploy and support communications technology for more than 1,700 business customers in the UK and have been included in the Sunday Times Tech Track 100.
Bristol based law firm, Roxburgh Milkins, have worked with Solar and its founder, Mark Colquhoun, for many years, across eight different deals. The team advised them throughout this sale and was led by Jason Milkins, with Richard Hopkins and Laura Guest. Oakley Corporate Finance and Bishop Fleming also provided support to Solar.
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