TFM Networks Ltd is a market leading Telecom Provider offering a complete range of Business Only ‘fit for purpose’ services ranging from data, voice and mobile through to fully integrated and converged solutions.
TFM Networks Ltd, the Aylesbury-based internet and telecoms business, acquired internet network provider Globalwave Communications Ltd, in a deal originated and structured by Fresh Equity.
TFM and Globalwave operate in the managed services and networks market, providing packaged telecoms services to multi-site SMEs. TFM was formed in 2003 and employs 17 people. The company is an independent provider of Virtual Private Networks across mobile, voice, VoIP and Wi-Fi platforms.
Stewart Yates, Managing Director of TFM become CEO of the enlarged group. Commenting on the deal:
“We have been very impressed with Paul Isaacs and the Fresh Equity team. He originated the transaction, negotiated and secured a deal with the selling shareholders and held our hand through a complex and tortuous restructuring of the enlarged Group, which had to take account of the different desires and needs of all the shareholders and the business. They have shown a good understanding of our business and are forward-thinking and progressive funding partners who have enabled us to put in place a sound platform for further growth.”