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Transactions / Zipit Wireless

Wireless Logic acquires Zipit Wireless

Add-on acquisitionannouncedadd-onannounced Aug 5, 2025Fact
What happened
Platform
Wireless Logicadd-on basis: Wireless Logic is held by Montagu Private Equity, LLP (holding evidence as written before reparse (Wireless Logic is held by Montagu Private Equity (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
5 named
Buy side
  • Wireless LogicPlatformconfirmed
    Wireless Logic is held by Montagu Private Equity, LLP (holding evidence as written before reparse (Wireless Logic is held by Montagu Private Equity (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 as written before reparse (Wireless Logic is held by Montagu Private Equity (holding evidence https://montagu.com/wireless-logic-acquires-simetry-expanding-us-managed-iot-connectivity/)))
Side not stated
  • Frank GreerManagementconfirmed
    “Becoming part of the Wireless Logic Group is a major milestone and the natural next step in our growth,” said Frank Greer, CEO at Zipit Wireless.
  • Oliver TuckerManagementconfirmed
    “Zipit’s deep understanding of the North American market and its expertise in complex commercial models make it a welcome addition to the group,” said Oliver Tucker, co-founder and CEO at Wireless Logic.
  • Zipit WirelessTargetconfirmed
    Wireless Logic acquires Zipit Wireless
Evidence
Wireless Logic acquires Zipit Wireless
Wireless Logic acquires Zipit Wireless | Private Equity Intelligence | DFX