Wireless Logic Sees Strategic Minority Investment from General Atlantic
Deal News | May 27, 2025 | William Blair Capital Partners
General Atlantic, a global investment giant with over $108 billion in assets, has agreed to acquire a minority stake in Wireless Logic, an IoT solutions provider. This investment comes from General Atlantic's BeyondNetZero climate growth equity fund, focusing on innovative climate solutions. The transaction, expected to close in Q3 2025, was advised by William Blair. Wireless Logic, connected to over 750 global networks, offers IoT connectivity across 165 countries. Montagu, the private equity firm owning Wireless Logic, partners with companies in growing markets, managing assets of €14 billion.
Sectors
- Private Equity and Investment
- Internet of Things (IoT)
- Climate Solutions
Geography
- Global – All involved companies, including General Atlantic, Wireless Logic, and Montagu, operate on a global scale with presence in multiple countries and regions, impacting worldwide markets.
Industry
- Private Equity and Investment – Describes the industry involving General Atlantic's investment activities through its BeyondNetZero fund and Montagu's role as a private equity firm.
- Internet of Things (IoT) – Wireless Logic operates in the IoT industry, offering connectivity and management solutions for IoT devices globally.
- Climate Solutions – General Atlantic's investment through BeyondNetZero aims at backing companies providing innovative climate solutions, such as decarbonization and energy efficiency.
Financials
- Undisclosed – The financial terms of General Atlantic's minority investment in Wireless Logic were not disclosed.
- $108 billion – Total assets under management by General Atlantic as of March 31, 2025.
- €14 billion – Assets under management by Montagu, the private equity firm.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| General Atlantic | Investor | Company | A leading global investor with a vast portfolio and the manager of the BeyondNetZero climate growth equity fund. |
| Wireless Logic | Target Company | Company | A global IoT solutions provider, offering automated connectivity for devices worldwide. |
| Montagu | Selling Company | Company | A mid-market private equity firm managing Wireless Logic as part of its portfolio. |
| William Blair | Financial Advisor | Company | Acted as the exclusive financial advisor to General Atlantic for this minority investment transaction. |