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.
FEL were first introduced to TFM in 2011 when we were tasked with identifying suitable bolt on acquisitions for them. The first company we identified was Globalwave which was acquired in 2013. This was followed in 2017 by the acquisition of Tru Communications.
In both instances FEL originated the opportunities, negotiated the deal and secured the funding. In 2011 TFM turned over £4.5m, at the end of its financial year in 2018 TFM had nearly tripled in size.
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.
“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.”