Onecom has completed the successful multi-year refinancing of its loan facility through Ares Capital that will consolidate and expand financial resources, positioning the company for further strategic growth supported by its long-standing partnership with LDC.
The enhanced facilities also provide greater flexibility to support Onecom’s growth ambitions, enabling the company to expand its capabilities and execute its strategic M&A plans.
With over £100m in committed acquisition funding, Onecom is well-positioned to pursue strategic opportunities that align with its long-term vision for growth and innovation.
The refinancing marks a significant milestone for Onecom and ensures the continuity of the successful tripartite relationship between Onecom, LDC, and Ares Capital, while allowing it to consolidate existing finance facilities while exploring future opportunities in the market.
Martin Flick, CEO of Onecom, commented: “Our relationship with LDC and Ares in 2019 has fuelled our growth ambitions through a combination of M&A activity and organic expansion.
“Agreeing on this new financing facility is a testament to the strength of that relationship and the shared ambition to drive Onecom’s strategic objectives forward.”