Arqia: Wireless Logic Expands IoT Footprint in Latin America
Deal News | Feb 04, 2025 | Montagu Private Equity
Wireless Logic, backed by Montagu Private Equity, has acquired Arqia to enhance its presence in Brazil and Latin America. This acquisition aims to support enterprises in scaling their IoT deployments across the region. By incorporating Arqia's operations, Wireless Logic expands its capability to offer comprehensive IoT solutions to a broader market, significantly solidifying its standing in the Latin American IoT sector. The strategic move underscores the growing demand for IoT services and demonstrates Wireless Logic's commitment to addressing enterprise needs on a global scale.
Sectors
- Technology
- Private Equity
- Telecommunications
Geography
- Brazil – Arqia's operations are based in Brazil, making it a key geographic area for the acquisition.
- Latin America – The acquisition targets expansion and increased presence across Latin America by Wireless Logic.
Industry
- Technology – The article pertains to the Technology sector, specifically focusing on Internet of Things (IoT) services.
- Private Equity – Involvement of Montagu Private Equity in funding and supporting the acquisition highlights relevance to the Private Equity sector.
- Telecommunications – The acquisition relates to wireless communications and connectivity, which are central to the Telecommunications industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wireless Logic | Acquirer | Company | A leading provider of managed services for Machine-to-Machine (M2M) and Internet of Things (IoT) communications. |
| Arqia | Target Company | Company | Brazil-based company involved in IoT and telecommunications services, recently acquired by Wireless Logic. |
| Montagu Private Equity | Supporting Private Equity Firm | Company | A leading European private equity firm that backs Wireless Logic in its acquisition strategies. |