>15000
Customers
>6m
Connections
8
Adds-one completed
Europe’s leading Internet-of-Things (“IoT”) connectivity platform provider. Wireless Logic delivers a critical IoT network infrastructure platform, enabling over 15,000 customers to “connect”, “control” and “secure” over 6 million devices across 165 countries to over 750 global networks.
A Montagu business
- Clear market leadership position in the attractive and fast-growing European IoT connectivity market
- Exceptional quality of earnings and forward visibility, driven by a recurring revenue business model and high customer stickiness
- Long-term track record of strong organic top and bottom line growth, supplemented by acquisitions
- Strong incumbent management team, who has successfully grown and scaled the business
Achievements to date
Since our investment in 2018, we have supported management to:
- Drive continued rapid organic growth with existing and new customers, across vertical end-markets and geographies
- Invest in Wireless Logic’s platform by adding value added services, new network technologies and vertical specific solutions
- Complete 8 add-on acquisitions to consolidate Wireless Logic’s European market leadership position and diversify the geographic profile of the group
