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We invested £10 million into Olive in 2016, which helped the business grow to more than £31 million in annual revenue, having pivoted its proposition in 2014 from being “mobile only” to becoming the UK’s leading cloud communications provider. During our partnership, Olive Communications became one of Vodafone’s most successful strategic partners. In 2020, it was recognised as Vodafone’s Innovation Partner of the Year. In 2021, Olive Communications was acquired by a competitor, Onecom, creating the largest B2B mobile, fixed-line and cloud specialist in the UK.
Olive Communications
Technology • Midlands • Growth
Olive provides communications systems to help corporate, small and mid-sized organisations improve their IT infrastructure systems. Customers are provided with a single, unified IT and communications infrastructure which delivers cost efficiencies and improves workforce accountability.
Company
information
Total BGF investment
£10m
Investment date
Jan 2016 - Feb 2021
Head office
High Wycombe
