M247 (Previously Metronet-UK)

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M247 are an internet service provider supplying lighting fast internet connectivity to the likes of AO.com and onthebeach.com. Founded in 2003, the company has grown rapidly to a number of worldwide offices.

Acceleris advised Metronet from pre start-up advising on numerous rounds of early-stage EIS funding. The company enjoyed consistent growth which resulted in two years of dividend payments to Acceleris investors prior to a private equity exit in 2013.

Patrick Molyneux