Wireless Logic Extends Its Reach in Latin America with Arqia Acquisition

Deal News | Feb 04, 2025 | Montagu Private Equity

Wireless Logic, a global leader in IoT solutions, has acquired Arqia, Brazil's largest independent MVNO, marking a significant milestone in its global expansion strategy. This acquisition allows Wireless Logic to extend its reach across Brazil and Latin America, thus strengthening its support for enterprises looking to scale their IoT deployments in the region. Arqia, a part of the Datora Group, is known for its expertise in M2M and IoT connectivity, and its MVNO license, authorized by ANATEL, permits it to offer national mobile and IoT services without the need for new infrastructure. This deal significantly bolsters Wireless Logic’s ability to provide fast, reliable, and compliant IoT services in the LATAM region. Furthermore, this acquisition is consistent with the recent expansion efforts by Wireless Logic, following its acquisitions of other companies like Webbing, Blue Wireless, and IoThink Solutions. Montagu Private Equity, the firm backing Wireless Logic, provides strong financial support ensuring continued growth and innovation.

Sectors

Information and Communications Technology
Telecommunications
Private Equity

Geography

Brazil – Arqia, the acquired entity, is based in Brazil, and the acquisition expands Wireless Logic's operations across Brazil.
United Kingdom – Wireless Logic, the acquiring company, is headquartered in the UK.
Latin America – The acquisition enhances Wireless Logic's reach in Latin American markets, aligning with its expansion strategy.

Industry

Information and Communications Technology – Arqia and Wireless Logic are both significant players in the IoT and M2M (machine-to-machine) connectivity space, which falls under ICT.
Telecommunications – The acquisition involves Arqia, an MVNO (Mobile Virtual Network Operator), which is a critical player in telecommunications, particularly in Latin America.
Private Equity – The backing of Wireless Logic by Montagu Private Equity highlights the role of private equity in facilitating this acquisition.

Financials

Participants

Name	Role	Type	Description
Wireless Logic	Acquiring Company	Company	A leading global IoT solutions provider headquartered in the UK.
Arqia	Target Company	Company	Brazil's largest independent authorized Mobile Virtual Network Operator (MVNO) focused on IoT and M2M connectivity.
Datora Group	Selling Company	Company	A major telecommunications player in Brazil and the original parent company of Arqia.
Montagu Private Equity	Backer of Acquiring Company	Company	A leading mid-market private equity firm backing Wireless Logic.
ANATEL	Regulatory Authority	Government	The Brazilian National Telecommunications Agency, which issues MVNO licenses.
Tomas Fuchs	CEO of Arqia	Person	CEO of Arqia, commenting on the acquisition.
Oliver Tucker	Co-founder and CEO of Wireless Logic	Person	Co-founder and CEO of Wireless Logic, commenting on the strategic fit of Arqia with their company.