Investment Summary

Tern Exits Wyld Networks

On July 2, 2021, invested in information technology company Wyld Networks from Tern

Investment Highlights
  • This is transaction in the Information Technology sector.
  • This is transaction in Sweden.

Investment Summary

Date 2021-07-02
Target Wyld Networks
Sector Information Technology
Sellers(s) Tern
Deal Type IPO

Target

Wyld Networks

Malmo, Sweden
Wyld Networks develops and delivers innovative wireless technology solutions that enable affordable terrestrial and satellite connectivity for Internet of Things (IoT) devices and sensors anywhere in the world – especially for the 85% of the world’s surface where there are no cellular networks. Wyld Networks was founded in 2016 and is based in Malmö, Sweden.

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Seller(S) 1

SELLER
DESCRIPTION

Tern is an investment group focused on acquiring and investing in UK-based cloud and IoT companies. The Firm looks to add value by improving capital efficiencies and building sales and marketing strategies as well as acquire equity positions in capitalized market leaders with near term value potential. Tern was formed in 2004 and is based in London.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 1 of 1
Type: IPO M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-28 Flexiant

London, United Kingdom

Flexiant is a provider of cloud orchestration software for on-demand, fully automated provisioning of cloud services. Flexiant offers to customers the most advanced cloud orchestration software in the market. Flexiant was founded in 2009 and is based in London, England.

Sell -