Private equity business invests into company with 10 UK bases. : Telecoms firm Onecom is set to grow – and may even swallow up other firms – after securing a £100million private equity funding package. The Hampshire-headquartered company has received the investment from private equity firm LDC and credit funds managed by an affiliate of Ares Management Corporation. It will use the cash to help meet “significant growth plans”, In the next three to five years the firm expect to increase the workforce substantially, invest in systems and processes that ready the business for scale, and make acquisitions.