Advised Sagemcom on the sale of its M2M business, a leading provider of M2M and railway wireless communications solutions, to Sierra Wireless
Jun 2012
(m2m business)
acquired by
  • Sector: Industrial Tech; Systems & Deep Tech
  • Deal Type: Strategic Deals; Private Equity Deals
  • Engagement type: Sellside
  • Size: <$200m
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Arma Partners is pleased to announce that it has acted as exclusive financial adviser to Sagemcom on the sale of its M2M (Machine-to-Machine) business to Sierra Wireless (NASDAQ: SWIR, TSX: SW) for €44.9 million. Sagemcom M2M business significantly enhances Sierra Wireless’s market position in key market segments, including payment, transportation, and railways, as well as provides geographic expansion into Brazil.

Sagemcom is the French high-technology group serving the broadband, energy and telecom markets and is majority owned by the Carlyle Group. Their M2M business is a leading provider of wireless communications solutions to a wide range of M2M and railway applications, such as point-of-sale, automotive, energy, security and GSM-R (Global System for Mobile Communication – Railway). The business is headquartered in Paris, France.

Sierra Wireless is a global market leader in M2M and mobile computing markets with the industry’s most comprehensive portfolio of devices and applications. The Company partners with network operators and system integrators to tailor communications solutions to key verticals such as energy, telecom, automotive and transportation. Its customer base includes top mobile network operators and OEMs around the world. The Company is headquartered in British Columbia, Canada.

This transaction further illustrates Arma Partners’ leadership in advising companies within the technology sector, across multiple geographies, leveraging Arma’s deep domain expertise, understanding of the buyer universe and first class execution skills.

– Sagemcom is the French high-technology group serving the broadband, energy and telecom markets and is majority owned by The Carlyle Group

– The M2M business is a leading provider of wireless communications solutions to a wide range of M2M and railway applications, such as point-of-sale, automotive, energy, security and GSM-R (Global System for Mobile Communication – Railway)

– The business is headquartered in Paris, France

– Sierra Wireless is the global market leader in M2M and mobile computing markets

– The Company serves network operators and OEMs across over 130 countries with tailored solutions for energy, broadband, automotive and transportation applications

– In 2011, the Company generated c.$580m of revenue

– The Company is headquartered in British Columbia, Canada

– Sagemcom M2M business offers Sierra Wireless

  • a significantly enhanced market position in key segments, including payment, transportation and railways
  • a new geographical expansion opportunity into Brazil
  • improved scale in the consolidating M2M market
  • access to key customer accounts within the payments vertical
  • market leadership position in rugged terminals for GSM-R applications

– Arma Partners was engaged by Sagemcom, a Carlyle Group portfolio company, to manage a divestment process of the Company’s M2M business

– Arma lead a focused approach with minimum disruption to the business, contacted key consolidating players across various geographies and gauged their interest in a short time frame

– The transaction illustrates Arma Partners’ leadership in advising companies in the technology equipment sector leveraging Arma’s deep domain expertise, understanding of the buyer universe and first class execution skills