Montagu Private Equity to Acquire Wireless Logic from CVC Growth Fund
Summary
The platform gives organisations of all sizes the ability to access highly complex and secure IT infrastructure with zero capital cost, thus creating unrivalled opportunities for new and innovative IoT solutions.It has the technology, scale and geographical breadth to provide comprehensive connectivity solutions to a large number of customers and applications across Europe with a global reach.Headquartered in Hurley, Berkshire, the company operates across Europe with country offices in the UK, Denmark, France, Germany and Spain.Montagu intends to work with the management team to continue to drive growth, leveraging Montagus experience, network and resources to further strengthen the business.Ed Shuckburgh, Director of Montagu, said: “We are highly impressed by the quality and achievements of the management team, who have founded and developed the business to become Europe’s leading M2M and IoT connectivity platform provider in under 20 years.