M&A Deal Summary

OptConnect Acquires Capestone

On October 2, 2024, OptConnect acquired communications company Capestone

Acquisition Highlights
  • This is OptConnect’s 1st transaction in the Communications sector.
  • This is OptConnect’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2024-10-02
Target Capestone
Sector Communications
Buyer(s) OptConnect
Deal Type Add-on Acquisition

Target

Capestone

Leiden, Netherlands
Capestone specializes in providing innovative 4G/5G mobile internet solutions and wireless connectivity for businesses. Capestone is based in Leiden, Netherlands.

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Buyer(S) 1

Buyer

OptConnect

Kaysville, Utah, United States
Category Company
Founded 2010
Sector Technology Hardware
DESCRIPTION

OptConnect is a one-stop-shop provider of wireless connectivity solutions for unattended equipment. Primary Internet of Things (IoT) markets for OptConnect include wireless ATMs, self-service kiosks, micro-markets and digital signage. OptConnect's solution focuses on providing safe, secure, reliable and cost effective IoT connectivity by using a combination of proprietary device configurations, network monitoring and tight integration with wireless internet carriers. OptConnect was founded in 2010 and is based in Kaysville, Utah.

DEAL STATS #
Overall 3 of 3
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Netherlands) 1 of 1
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-06 M2M DataGlobal

Las Condes, Chile

M2M DataGlobal offers a full suite of hardware products and connectivity solutions across the Americas, including Chile, Argentina, Peru, Ecuador, Colombia and Mexico. M2M DataGlobal is based in Las Condes, Chile.

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