Sierra Wireless - M&A Summary, Ownership, and Business Overview

Technology HardwareCompany

Sierra Wireless M&A Summary

Sierra Wireless has acquired 11 companies of its own, including 1 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.

Sierra Wireless’ largest acquisition to date was in 2017, when it acquired Numerex for $107M. It’s largest disclosed sale occurred in 2013, when it sold Sierra Wireless - AirCard Business to Netgear for $138M. Sierra Wireless has acquired in 3 different US states, and 5 countries. The Company’s most targeted sectors include communications (46%) and technology hardware (28%).

Sierra Wireless Ownership

Who owns Sierra Wireless?

Sierra Wireless is owned by Semtech. It was acquired on August 2, 2022.

Was Sierra Wireless formerly PE-backed?

Yes. Sierra Wireless was formerly owned by 1 private investor.

Sierra Wireless Business Overview

Where is Sierra Wireless headquartered?

Sierra Wireless is headquartered in Richmond, British Columbia.

What is Sierra Wireless’ revenue?

Sierra Wireless disclosed revenue of 473M USD for 2021 and 449M USD for 2020.

What sector is Sierra Wireless in?

Sierra Wireless is a technology hardware company.

When was Sierra Wireless founded?

Sierra Wireless was founded in 1993.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity11
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

Sierra Wireless

Sierra Wireless, Inc.

13811 Wireless Way,
Richmond, British Columbia V6V 3A4
Canada,
(604) 231-1100
www.sierrawireless.com

Sierra Wireless is a provider of machine-to-machine (M2M) devices and cloud services delivering intelligent wireless solutions that simplify the connected world. The company offer original equipment manufacturer (OEM) solutions and enterprise solutions. Sierra Wireless was founded in 1993 and is headquartered in Richmond, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 10 1 - - - - 11
vol $301M $20M $321M
Sell (0.0/yr) # 1 - - - - - 1
vol $138M $138M
  12

Most Recent M&A

Company Date Value Type
M2M Connectivity Pty Ltd. 2020-01-07 20M USD Add-on Acquisition
Kensington, Australia · www.m2mconnectivity.com.au
Numerex Corp. 2017-08-02 107M USD Add-on Acquisition
Atlanta, Georgia · www.numerex.com
GenX Mobile, Inc. 2016-08-03 8M USD Add-on Acquisition
San Jose, California · www.genxmobile.com
MobiquiThings 2015-09-02 16M EUR Add-on Acquisition
Sophia-Antipolis, France · www.mobiquithings.com
Accel Networks LLC 2015-06-19 9M USD Add-on Acquisition
St. Petersburg, Florida · www.accel-networks.com
Wireless Maingate AB 2014-12-22 90M USD Add-on Acquisition
Karlskrona, Sweden · www.maingatesolutions.com
In Motion Technology, Inc. 2014-01-27 21M USD Add-on Acquisition
New Westminster, British Columbia · www.inmotiontechnology.com
Sierra Wireless - AirCard Business 2013-01-28 138M USD Divestiture
Carlsbad, California
Sagemcom’s machine-to-machine (“M2M”) 2012-08-01 51M EUR Divestiture
, France
Wavecom SA 2009-03-02 - Add-on Acquisition
Cedex, France
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Numerex Corp. 2017-08-02 Omnilink Systems, Inc. 2022-04-18 1
Atlanta, Georgia · www.numerex.com Alpharetta, Georgia · www.omnilink.com

M&A by Sector

Sector Buy # Value Sell # Value
Communications 5 (45%) 99M (31%) - -
Technology Hardware 3 (27%) 136M (42%) 1 (100%) 138M (100%)
Information Technology 2 (18%) 35M (11%) - -
Software 1 (9%) 51M (16%) - -
Total 11 $321M 1 $138M

By Geo

State/Country Buy Value Sell Value
United States 5 124M 1 138M
  California 3 8M 1 138M
  Georgia 1 107M - -
  Florida 1 9M - -
France 3 66M - -
Australia 1 20M - -
Canada 1 21M - -
  British Columbia 1 21M - -
Sweden 1 90M - -
Domestic 1 (9%) 21M (7%) - -
Cross-border 10 (91%) 300M (93%) 1 (100%) 138M (100%)
Total 11 $321M 1 $138M

Top M&A Advisors

Financial Deals
CIBC Capital Markets
1
Legal Deals
Blake, Cassels & Graydon LLP
2
Skadden, Arps, Slate, Meagher & Flom
1

Deal Values

buy # Total
$100M to $1B 1 $107M
< $100M 7 $214M
TOTAL $321M
Largest Numerex Corp.
$107M (2017-08-02)
sell # Total
$100M to $1B 1 $138M
TOTAL $138M
Largest Sierra Wireless - AirCard Business
$138M (2013-01-28)

M&A Connections

Deals
Acquired from
Investor(s)
18%
2 (18%)
Strategic(s)
9%
1 (9%)
Divested to
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 201,688
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.