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Mobeus Equity Partners (“Mobeus”) is pleased to announce that it has made a £3.5 million follow on investment into Entanet Holdings Limited (“Entanet”).
Entanet is one of the UK’s leading independent wholesale voice and data communications providers. It provides a diverse portfolio of business class voice and data services via a channel of wholesale and reseller customers.
Mobeus originally supported the MBO of Entanet in February 2014 and, in total, has now invested £9.5 million in the company.
Ashley Broomberg, Partner of Mobeus commented: “Entanet has traded very strongly in its first year following the MBO, performing well ahead of its original business plan. The Company has a first class management team and we are delighted to provide further investment to the business”.
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Issued by Mobeus Equity Partners LLP, of 30 Haymarket, London SW1Y 4EX, registered in England & Wales number OC320577, authorised and regulated by the Financial Conduct Authority, number 456538. This material is for information only and does not constitute an offer to buy or sell an investment nor does it solicit any such invitation. The information contained in this email is believed to be accurate at the date of publication but no representation or warranty stated or implied is made or given by any person as to its accuracy or completeness and no responsibility or liability is accepted for any such information or opinion.