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Macquarie Capital completed the acquisition of Wavenet Group from Beech Tree.

Synopsis

Macquarie Capital Principal Finance completed the acquisition of Wavenet Group, a multi-award-winning provider of telecoms and technology solutions, from Beech Tree, a private equity firm based in Birmingham, United Kingdom. Financial terms were not disclosed. “As a team, we are excited to continue to build on this growth as we enter our new partnership with Macquarie. I am confident that the passion and quality of our people, management and infrastructure combined with Macquarie’s experience will drive us to even greater success in the future,” Bill Dawson, Wavene CEO.

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