Advised Wireless Logic, Europe’s leading independent Machine to Machine (M2M) managed services player, on its sale to CVC Capital Partners
Arma Partners is pleased to announce that it acted as the exclusive financial adviser to Wireless Logic Ltd. (“Wireless Logic”), an ECI portfolio company, on its sale to CVC Capital Partners.
Wireless Logic is Europe’s leading managed services player in the Machine to Machine (M2M) market and a key enabler of the Internet of Things (IoT), serving hundreds of vertical end markets. Wireless Logic delivers a one-stop solution combining secure infrastructure, resilient software platforms and multi-network connectivity in partnership with major mobile and satellite operators. The Company has ca.1.5 million subscribers and over 950 customers, and offices in the UK, France, Germany and Spain.
This transaction demonstrates Arma Partners’ strong franchise in the M2M/IoT sector and its ability to deliver highly successful outcomes.