- Freshwave have acquired Airangel’s Managed Services Division and will become an Airangel partner acquiring the rights to use its industry leading platform across UK and Europe
- A Leaner Airangel emerges with 100% focus on its software-as-a-service platform which provides WiFi and LAN management globally into the hospitality as well as the build-to rent and private rented sectors
Leading UK network service provider Freshwave has acquired the managed service division of UK-headquartered Wi-Fi specialists Airangel. Founded in 2005, Airangel provides Wi-Fi solutions and support to over 80 brands in the high-end hospitality market, as well as the build to rent and private rented sectors. Its managed service division currently connects 60,000 hotel rooms, apartments and seasonal pitches across the UK and Europe. Airangel’s leading platform for onboarding public access provides control through authentication security, insights and analytics which support and drive continuous improvement for its users.
Freshwave is backed by Digital Colony, a leading digital infrastructure investment firm with over UK£21 billion (US$30 billion) in assets under management. Freshwave designs, deploys and manages digital infrastructure both indoors and outdoors, working with mobile network operators, local and central government, and real estate providers. Already experts in radio planning, the addition of Airangel’s Wi-Fi managed service completes Freshwave’s wireless services suite for enterprises in the UK and Europe.
Maurice Woolf, COO of Freshwave, said: “We’re delighted to be welcoming Airangel’s managed service team to Freshwave. They’ve built up a superb customer roster over the years, so we’re looking forward to expanding it as we do further work both in the UK and in Europe. The Airangel platform fits well with the in-building small cell and mobile private network managed service capabilities which Freshwave is already a leader in.
“While there are still challenges ahead for the hospitality industry as it reopens after Covid, we’re confident that this sector will eventually come back stronger than ever. Especially in terms of the immediate staycation boom. Equally, there are huge opportunities in the build to rent sector as the pandemic has shown that reliable wireless connectivity is an essential service for every home.”
Dean Wilkinson, CEO of Airangel, said: “Our deal with Freshwave means our UK and EU customers can continue to access our platform whilst working with one of the most innovative managed service providers in the region. Knowing our customers are in good hands will now allow Airangel to focus on its software platform and continue its growth across EMEA and Asia with key brands such as Marriott and Accor.”
Freshwave was advised on the transaction by solicitors Freeths and accountants Saffrey Champness. Airangel was supported by solicitors Brabners and accountants Cowgill
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Airangel, founded in 2005 and headquartered in Warrington (UK) is a leading provider of SaaS solutions for the hospitality industry. Its products provide an innovative, improved guest internet experience for leading hospitality brands and their Network providers. The Airangel SaaS solution is GDPR ready, and ISO approved it delivers on Compliance, Productivity, and Insights and leads to increased guest loyalty for the hospitality brands. Airangel hospitality SaaS solution is live in +2,800 hotels world-wide and has over 50 million registered users. Prestigious customers of the SaaS solution include leading brands such as Accor, Marriott & Minor hotels. For more information visit www.airangel.com
Freshwave invests expertise and capital in ways that make digital infrastructure remarkably simple. Faster, less costly and in the right places. It’s the network service provider bringing together mobile operators, central and local government, and real estate providers to work together in new ways. Their managed sites include some of the biggest, most challenging wireless environments in the UK, including several central London boroughs and Docklands. With 6500+ mast site locations, 2000+ buildings connected and 200+ outdoor networks supported; they ensure everyone has network. Backed by Digital Colony, they too combine technical telecoms and commercial real estate know-how to create long-term market impact.
About Digital Colony
Digital Colony is a leading global investment firm dedicated to digital infrastructure. With a heritage of over 25 years’ investing in and operating businesses across the digital ecosystem including towers, data centers, fiber, and small cells, the firm manages a $30 billion portfolio of digital infrastructure assets on behalf of its shareholders and limited partners. Digital Colony, a subsidiary of Colony Capital Inc. (NYSE:CLNY), is headquartered in Boca Raton, Florida, with offices in New York, Los Angeles, London and Singapore. For more information, please visit www.digitalcolony.com..