Advised Montagu Private Equity on its acquisition of Wireless Logic, Europe’s leading smart connectivity platform provider
Arma Partners is pleased to announce that it has acted as financial advisor to Montagu Private Equity on its acquisition of Wireless Logic, Europe’s leading smart connectivity platform provider, from CVC’s Growth Fund.
Wireless Logic is a market leader in IoT and M2M platform managed services in Europe, with over 2,500 customers and over 3.1 million subscriptions. It has the technology, scale and geographical breadth to provide comprehensive connectivity solutions to a large number of customers and applications with a global reach. Headquartered in Hurley, Berkshire, the company operates across Europe with country offices in the UK, Denmark, France, Germany and Spain.
During the CVC Growth Fund’s period of investment, Wireless Logic has continued its impressive organic growth trajectory, supplemented by several strategic acquisitions. Montagu intends to work with the management team to continue to drive growth, leveraging Montagu’s experience, network and resources to further strengthen the business.
This transaction demonstrates Arma Partners’ deep sector expertise in IoT / M2M technology and highlights our continued success in advising leading private equity buyers. Having also advised Wireless Logic on its sale to CVC in 2015, the transaction further displays Arma Partners’ track record in working with companies through multiple transactions.