Sector

Onecom is the largest business-to-business mobile, fixed-line and cloud specialist in the UK.

Investment type
  • Management buyout
Deal value

£100m

Supporting the team’s vision

In 2019 Onecom secured investment from LDC in a £100m deal to allow it to implement its strategy to grow through acquisition.

Onecom has since made 12 acquisitions, taking advantage of market opportunities to acquire scale, capability, and enhanced complementary product sets. The strategy has also helped Onecom to expand their routes to market across a broader customer base – including Enterprise, Business and SME customers.

As a result of this ambitious growth strategy, Onecom has more than doubled revenue and tripled its profitability since the investment, with around £180m of revenues and over £35m EBITDA.

Martin Flick, CEO of Onecom, was named ‘Entrepreneur of the Year’ at the Growing Business Awards 2022.

Quote mark

Our combined scale, expertise, experience and proximity to customer need affords us the perfect proposition to help customers of all sizes to navigate their journey through the short and long term economic landscape. This, coupled with ongoing support from LDC, will supercharge our ambitions.”

Martin Flick
CEO, Onecom

“Since LDC’s investment, we have made 11 acquisitions, doubled revenue and tripled EBITDA.”

Onecom CEO Martin Flick discusses recent M&A activity

Awards

Best Merger or Acquisition

Management Today Business Leadership Awards 2023

Entrepreneur of the Year – Martin Flick

Growing Business Awards 2022

Portfolio Partner of the Year

Virtual1 FutureConnect 2021 Awards

Best Mobile Service and Solution Provider

Mobile Industry Awards (MIAs) 2020

Commitment to Outstanding Customer Services

Mobile News 2019

Total Communications Partner Award

Vodafone Partner of the Year Awards 2018-2019

Fast Riser Award

Solent 250 Awards 2018