DFX Intelligence
Private Equity Intelligence
Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.
Transactions / IoThink Solutions
IoThink Solutions join the Wireless Logic Group
Add-on acquisitionclosedadd-onannounced Nov 22, 2022closed Nov 22, 2022Fact
What happened
- Target
- IoThink Solutions
- Platform
- Wireless Logicadd-on basis: Wireless Logic is held by Montagu Private Equity, LLP (holding evidence https://montagu.com/wireless-logic-acquires-simetry-expanding-us-managed-iot-connectivity/)
- Control
- Control
- Share acquired
- unknown
- Industry
- unknown
- Target location
- unknown
- Seller kind
- unknown
- Rollover
- unknown
Values, only where disclosed
- Enterprise value
- Not disclosed
- Purchase price
- Not disclosed
- Equity value
- Not disclosed
- Target revenue
- Not disclosed
- Target EBITDA
- Not disclosed
- Multiple
- Not disclosed
Parties and roles
3 named
Buy side
- “Wireless Logic is held by Montagu Private Equity, LLP (holding evidence https://montagu.com/wireless-logic-acquires-simetry-expanding-us-managed-iot-connectivity/)”
- “Wireless Logic is held by Montagu Private Equity, LLP (holding evidence https://montagu.com/wireless-logic-acquires-simetry-expanding-us-managed-iot-connectivity/)”
Side not stated
- “IoThink Solutions join the Wireless Logic Group”
Evidence
“We are delighted to announce that on Friday 18th November Wireless Logic completed the acquisition of IoThink Solutions, a fast-growing international software as a service vendor who provide tools for more than 6000 professionals around the world to monitor, control and analyse their IoT data.”
Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)confidence 80%recorded Sep 14, 2026