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Freshfields advises Montagu Private Equity on its acquisition of Wireless Logic from CVC
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Montagu Private Equity (“Montagu”), a leading pan-European private equity firm, on its acquisition of Wireless Logic Group (“Wireless Logic”), Europe’s leading smart connectivity platform provider, from CVC Capital Partners’ Growth Fund.
Wireless Logic was established in the UK in 2000 and provides businesses with specialist Internet of Things (IoT) and Machine-to-Machine (M2M) platform services across mobile, satellite, low-power wireless, and fixed line networks. Wireless Logic is a market leader in IoT and M2M platform managed services in Europe, with over 2,500 customers and over 3.1 million subscriptions.
The Freshfields team was led by partners Adrian Maguire and James Scott and associate Mark Brewer. Partner Helen Lethaby advised on tax.
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About Freshfields Bruckhaus Deringer LLP
Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most. The firm's market-leading technology practice saw it advise on more high-value technology deals in Europe as ranked by deal value in 2017 than any other firm(1).
(1) This ranking comes from Mergermarket’s Tech League Table LTM Europe 15 December 2016 – 15 December 2017