M&A Deal Summary

KORE Acquires Business Mobility Partners

On February 16, 2022, KORE acquired communications company Business Mobility Partners

Acquisition Highlights
  • This is KORE’s 4th transaction in the Communications sector.
  • This is KORE’s 6th transaction in the United States.
  • This is KORE’s 4th transaction in New York.

M&A Deal Summary
Date 2022-02-16
Target Business Mobility Partners
Sector Communications
Buyer(s) KORE
Deal Type Add-on Acquisition

Target

Business Mobility Partners

Westbury, New York, United States
Business Mobility Partners is focused on delivering IoT enablement services to contract research organizations (CROs) and remote patient monitoring (RPM) customers. The company was created to deliver a world-class experience to healthcare customers while building one of the strongest distribution channels in the wireless industry. Business Mobility Partners was formed in 2016 and is based in Westbury, New York.

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Buyer(S) 1

Buyer

KORE

Alpharetta, Georgia, United States
Category Company
Founded 2002
Sector Communications
Employees600
Revenue 277M USD (2023)
DESCRIPTION

KORE is a trusted advisor delivering mission-critical IoT solutions and services. KORE empowers organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers’ business outcomes. KORE was founded in 2002 and is headquartered in Atlanta, Georgia.

DEAL STATS #
Overall 7 of 7
Sector (Communications) 4 of 4
Type (Add-on Acquisition) 6 of 6
State (New York) 4 of 4
Country (United States) 6 of 6
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-16 Simon IOT

Westbury, New York, United States

Simon IOT is a mobility solution provider focused on expanding its services and solutions within the healthcare and life sciences industries. It offers some of the best data rates on the market with domestic and international coverage High bandwidth options with pooled data are offered domestically as well. Simon IOT was formed in 2018 and is based in Westbury, New York.

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