Montagu and Wireless Logic Management Buy CVC Growth Partners' Stake in Wireless Logic
June 11, 2021
Wireless Logic completed a re-capitalisation in which majority owner Montagu and Wireless Logic’s management team bought out CVC Growth Partners’ minority stake. The transaction consolidates ownership to support further organic growth and an acquisitive strategy as Wireless Logic expands its global IoT connectivity platform and capabilities (5G, LPWAN, eSIM).
- Targets
- Wireless Logic
- Sellers
- CVC Growth Partners (CVC Capital Partners)
- Industry
- Telecommunications
- Location
- England, United Kingdom
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Wireless Logic Welcomes General Atlantic as Minority Shareholder
May 16, 2025
Telecommunications
General Atlantic (via its BeyondNetZero fund) has agreed to take a minority stake in Wireless Logic, with existing majority owner Montagu reinvesting alongside the new investor. The investment values Wireless Logic at £3.5 billion, is expected to close in Q3 2025, and will support global geographic expansion, platform enhancement and an active M&A strategy.
-
Wireless Logic Acquires Webbing
August 8, 2023
Telecommunications
Wireless Logic, a global IoT connectivity provider backed by Montagu, has acquired Webbing, a 2010-founded MVNO and eSIM specialist that provides global connectivity and eSIM management for enterprise mobility and IoT customers. The deal expands Wireless Logic’s eSIM and IoT provisioning capabilities and broadens its regional presence, particularly in the United States and Asia.
-
Wireless Logic Acquires Mobius Networks
July 19, 2022
Telecommunications
Wireless Logic has acquired Mobius Networks, a Leicestershire‑based mobile virtual network operator specialising in secure IoT and M2M connectivity, from NVM Private Equity for an undisclosed sum. The acquisition strengthens Wireless Logic’s IoT connectivity capabilities and public‑sector positioning by adding Mobius’s security credentials and vertical expertise in critical infrastructure, healthcare and retail.
-
Wireless Logic Acquires Things Mobile
July 9, 2021
Telecommunications
Wireless Logic, a Montagu-backed global IoT connectivity platform, has acquired Milan-based IoT connectivity provider Things Mobile. The deal, completed on 9 July 2021, expands Wireless Logic's European footprint and capabilities across end markets including energy, eHealth and micro-mobility; the Things Mobile team will remain led by co-founder and CEO Manuel Zanella.
-
Wireless Logic Acquires New Line Mobile
December 4, 2020
Telecommunications
Wireless Logic has acquired New Line Mobile, an IoT/M2M managed services provider headquartered in The Hague, Netherlands. The deal (completed on 4 December) expands Wireless Logic’s Benelux footprint and adds local connectivity and managed-services capability to support system integrators, application providers and enterprise customers.
-
Wireless Logic Acquires Datamobile AG
November 19, 2020
Telecommunications
Wireless Logic, a Montagu-backed global IoT connectivity platform, acquired Datamobile AG on 19 November 2020 to strengthen its presence in the DACH region and broaden its European IoT capabilities. Datamobile AG — an IoT communications specialist serving sectors including food delivery and e-mobility — will remain led by CEO Gerald Wirtl and continue operating as part of the Wireless Logic group.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.