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Technology Services

Buy-and-build

Buy-in

Gradwell

The Business

Gradwell is a provider of hosted telephony (VoIP) and connectivity services to SMEs across the UK, with a current base of over 22,000 customers. The Company is one of the largest independent providers in the sector and has developed its own proprietary software as a service platform. Gradwell distributes through a combination of direct sales and channel partners.

The Deal

Chiltern backed an experienced management team to buy out the existing investors.

“I am extremely pleased to be working with the team from Chiltern and believe we can continue to scale this business applying our collective expertise in VoIP and SaaS for the SME market.”

John Whitty, Oval Chairman

The Exit

During Chiltern’s involvement with Gradwell, we invested significantly in the technology platform and the commercialisation of this, as well as supporting Management's buy and build strategy. In July 2025, the Business was acquired by Onecom, a PE backed communications technology provider.