M&A Deal Summary

Montagu Acquires Wireless Logic Group

On June 27, 2018, private equity firm Montagu acquired information technology company Wireless Logic Group from CVC Capital Partners

Acquisition Highlights
  • This is Montagu’s 4th transaction in the Information Technology sector.
  • This is Montagu’s 56th transaction in the United Kingdom.

M&A Deal Summary

Date 2018-06-27
Target Wireless Logic Group
Sector Information Technology
Buyer(s) Montagu
Sellers(s) CVC Capital Partners
Deal Type Secondary Buyout

Target

Wireless Logic Group

Berkshire, United Kingdom
Wireless Logic Group is a machine-to-machine (M2M) managed services provider combining infrastructure, platforms and connectivity. Wireless Logic Group was founded in 2000 and is based in Berkshire, United Kingdom.

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Buyer(S) 1

Buyer

Montagu

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 11.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Montagu is an independent private equity firm focused on European management buyouts and growth capital transactions. The Firm seeks opportunities valued between €100 million and €1 billion. Sectors of interest include healthcare, medical products, financial services, software, IT, information services, and education. Montagu dates back to 1968 and is based in London.


DEAL STATS #
Overall 96 of 115
Sector (Information Technology) 4 of 5
Type (Secondary Buyout) 19 of 29
Country (United Kingdom) 56 of 62
Year (2018) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-22 Maincare Solutions

Cestas, France

Maincare Solutions is a provider of IT solutions for healthcare organizations. Maincare Solutions is a provider of electronic patient records in France and works with 80% of the French academic hospitals. Maincare Solutions was founded in 1999 and is based in Cestas, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-17 Nemera

Lyon, France

Nemera engages in the design, development, and manufacture of drug delivery devices including auto-injectors, inhalers, insulin pens, eye droppers, and pumps from four state-of-the-art manufacturing sites in France, Germany, and the US. Its products are sold to a variety of blue-chip customers from the pharmaceutical, biotech, and generics industries. Nemera was founded in 2003 and is headquartered in Lyon, France.

Sell -

Seller(S) 1

SELLER

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.


DEAL STATS #
Overall 139 of 173
Sector (Information Technology) 3 of 3
Type (Secondary Buyout) 32 of 42
Country (United Kingdom) 31 of 33
Year (2018) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-14 Delachaux Group

Colombes, France

Delachaux Group designs and manufactures high value-added products, systems and services critical to the safety, reliability and efficiency of its customers’ equipment and infrastructure. The Delachaux teams’ commitment and know-how reflect their passion for their customers’ businesses. The Delachaux Group provides solutions to half of the world’s railways, two thirds of the world’s seaports and half of the planes flying. It mainly serves the rail infrastructure, port, aeronautics, logistics and mining sectors. The Group has developed an undisputed know-how and renowned innovation capabilities. Delachaux Group was founded in 1902 and is based in Colombes, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-28 BJ s

Marlborough, Massachusetts, United States

BJ's is a warehouse club operator on the East Coast of the United States. BJ's delivers significant value to our members, consistently offering 25% or more savings on a representative basket of manufacturer-branded groceries compared to traditional supermarket competitors. BJ's provides a curated assortment focused on perishable products, continuously refreshed general merchandise, gas and other ancillary services to deliver a differentiated shopping experience that is further enhanced by our omnichannel capabilities. BJ's was incorporated in 1984 and is based in Westborough, Massachusetts.

Sell -