Arrow Business Communications – New Acquisition and Director appointments

Agreement Deal Acquisition

Arrow has announced the acquisition of Worksmart Technology Ltd along with the appointment of two new directors to support the company during this period of aggressive growth.

Worksmart is based in London and is a £4.7m telecoms value added reseller with over 350 customers. The company is particularly strong in the financial services and healthcare sectors and focuses on hosted and on-premise telephone systems as well as data connectivity.

Chris Russell, CEO of Arrow, comments, “The key reason behind this acquisition is Worksmart’s expertise in delivering enhanced hosted voice platforms, which are becoming increasingly popular to customers wanting to migrate away from on-premise based solutions.

Overnight we have doubled our number of hosted seats and connectivity sales and added depth to our technical and product offering. Worksmart is a great fit for us and I welcome all of the team at Worksmart to Arrow”.

The two new Director roles have been created to support Arrow following this ninth acquisition in just seven years. Arrow welcomes John Harber and Richard Burke at a time when strong leadership and business experience will be invaluable to the existing team as we fully integrate the acquisitions into our organisation and continue to expand.

John comes with a wealth of experience having previously worked at Lenovo, Sony Ericsson and Sony UK. John will lead Arrow’s two most recent acquisitions – Pulse Business Energy and Worksmart.

Richard is joining Arrow from Intercity where he has held director level positions since 2009. Richard will assume responsibility for Arrow’s IT Services, Telesales, Scotland and Strategic Accounts teams. Both senior recruits will join the Board and will work collaboratively with the existing directors in order to help scale Arrow for future growth.

Chris Russell continues, “We started the year with three key objectives; to continue to acquire, to add resource to our senior team and to deliver our numbers. I am delighted to have completed our second acquisition in 2017, to welcome John and Richard to Arrow and, having won some significant new business this year, I am confident that we will exceed our profitability targets for 2017”.