What is Onecom?
Founded in 2000 and headquartered in Hampshire, Onecom has established itself as one of the largest independent providers of business communication services in the UK. The company offers a comprehensive suite of solutions, including fixed line, mobile, unified communications, and broadband services. Beyond its core communication offerings, Onecom also provides a range of devices and products from leading manufacturers such as Apple, Blackberry, Nokia, Sony, and Samsung, positioning itself as a one-stop shop for business technology needs.
How much funding has Onecom raised?
Onecom has raised a total of $151.7M across 2 funding rounds:
Unspecified
$39.1M
Private Equity
$112.6M
Unspecified (2019): $39.1M with participation from HSBC UK
Private Equity (2019): $112.6M led by Ares Management and University of Pennsylvania
Key Investors in Onecom
HSBC UK
HSBC UK is a major financial institution providing a wide range of banking and financial services, likely contributing strategic financial backing to Onecom's growth.
Ares Management
Ares Management is a global alternative investment manager specializing in credit, real estate, private equity, and infrastructure, indicating a focus on significant growth capital for Onecom.
University of Pennsylvania
The University of Pennsylvania, an Ivy League institution, may be involved through its endowment or investment funds, potentially seeking long-term value appreciation.
What's next for Onecom?
The recent major strategic investment signals a new phase of growth for Onecom. With substantial backing, the company is poised to enhance its service portfolio, potentially expand its geographical reach, and further solidify its market leadership. This capital will likely be directed towards technological advancements, strategic acquisitions, and strengthening its customer support infrastructure, ensuring Onecom remains at the forefront of business communications solutions.
See full Onecom company page
