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Transactions / Matooma

Wireless Logic Group eyes major European growth as France-based Matooma joins the group

Add-on acquisitionannouncedadd-onannounced Jul 24, 2019Fact
What happened
Target
Matooma
Platform
Wireless Logicadd-on basis: The Matooma acquisition, for an undisclosed sum, is Wireless Logic’s third major purchase in 2019 having already welcomed Dutch-based M2MBlue and SIMPoint in February and June respectively.
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 LogicPlatformconfirmed
    The Matooma acquisition, for an undisclosed sum, is Wireless Logic’s third major purchase in 2019 having already welcomed Dutch-based M2MBlue and SIMPoint in February and June respectively.
  • The group’s European focus with global reach is backed by Montagu Private Equity who came on board in June 2018.
Side not stated
  • MatoomaTargetconfirmed
    Wireless Logic Group, Europe’s leading IoT connectivity platform provider today announced the acquisition of Matooma, the Montpellier, France-based IoT connectivity specialist which has grown rapidly since its inception in 2012.
Evidence
Wireless Logic Group, Europe’s leading IoT connectivity platform provider today announced the acquisition of Matooma, the Montpellier, France-based IoT connectivity specialist which has grown rapidly since its inception in 2012.
Wireless Logic Group eyes major European growth as France-based Matooma joins the group | Private Equity Intelligence | DFX