Newsroom/Investment/22 Jul 2019

LDC and Ares back Onecom with £100m funding package

LDC and credit funds managed by Ares provided a £100m package to fund Onecom's organic and acquisitive growth.

Onecom
£100m

Private equity firm LDC and credit funds managed by Ares provided £100m to fund Onecom's organic and acquisitive growth. Founder Darren Ridge, who started the firm in 2002, became a non-executive director; Onecom then had c.100,000 customers and c.400 staff.

Key facts
  • 01£100m funding package
  • 02Onecom then had c.100,000 customers and c.400 staff
  • 03Darren Ridge became a non-executive director
Read the original at ISPreview

This summary was written by Ridown and links to the original article for full details.

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