Arrow Business Communications has acquired Abica Ltd and it’s subsidiary PCR IT Ltd. The terms of the deal were not disclosed.
Abica and PCR are providers of Telecoms and IT services with offices in Glasgow. Arrow have previously made other acquisitions in the Scottish telecoms market, Orca Telecom in 2015 and Siebert Telecom in 2017.
All of the Directors and employees of Abica will be staying on and will work within the Arrow group. David Munro and Gregory Barnett, founders of Abica, will continue to lead a number of key customer relationships and day to day activities. Gregory Barnett comments, “With Arrow’s long history of building successful businesses in the telecommunications sector, we couldn’t be happier about integrating Abica into Arrow. It bodes well for an exciting future over the coming years”.
Abica has around 650 customers and has deployed a range of solutions covering Connectivity, Mobility, IoT, and Unified Communications for both private and public sector organisations. The recent acquisition of PCR IT brought further IT capability into its solution portfolio.
Commenting on the acquisition, CEO of Arrow, Chris Russell said: “This was our third acquisition in 2018 and becomes our largest one to date. Abica further strengthens our presence in Scotland and combined with our existing business there will create a real Scottish Powerhouse. The Abica and PCR teams have a wealth of experience in delivering solutions to customers whilst maintaining the strong relationships they have built up over the years, which is exactly how we strive to conduct our business in Arrow”.
UK, Newton-le-Willows, Merseyside & Glasgow
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