Kelway was a fast-growing technology services and solutions provider, focussed on the mid-market. Its supply chain encompassed both the public and private sector across 130 countries.

Soho Square invested into senior secured loan notes and secured a 25% minority stake.  Soho Square supported Kelway with several acquisitions and helped improve and formalise the internal M&A function. From being a pure value-added reseller, we helped guide the business into a more managed services strategy. This along with significant Soho Square led improvements into FP&A helped deliver revenue growth from £50m to £550m, and EBITDA from £2m to £35m during the investment period.

Kelway was sold to CDW Corporation and Soho Square delivered a 9x+ return for investors.