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M&A Deal Summary

Travelwifi Acquires Yogofi

On November 13, 2019, Travelwifi acquired communications company Yogofi

Acquisition Highlights
  • This is Travelwifi’s 4th transaction in the Communications sector.
  • This is Travelwifi’s 1st transaction in Singapore.

M&A Deal Summary
Date 2019-11-13
Target Yogofi
Sector Communications
Buyer(s) Travelwifi
Deal Type Add-on Acquisition

Target

Yogofi

Singapore, Singapore
Yogofi operates virtual SIM platforms for more than 16,000 mobile devices. Customers include travel agencies, co-working spaces, and global MNCs. Yogofi top five mobile data markets are Europe, Japan, Singapore, the U.S., and South Korea.

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Buyer(S) 1

Buyer

Travelwifi

London, Texas, United Kingdom
Category Company
Founded 2007
Sector Communications
DESCRIPTION

Travelwifi is a global IP telecommunication service provider to emerging markets, offering data delivery solutions over fiber-optic backbones and satellite uplinks. The company leverages its ground-segment infrastructure and teleport facilities in Frankfurt, Germany to provide end-to-end global communications services and solutions to military and government entities, ISPs, NGOs, Oil & Gas companies, and commercial businesses operating in austere areas around the world. Travelwifi was founded in 2007 and is based in London, United Kingdom.

DEAL STATS #
Overall 4 of 6
Sector (Communications) 4 of 6
Type (Add-on Acquisition) 4 of 6
Country (Singapore) 1 of 1
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Trinus

Región Metropolitana, Chile

Trinus is a WiFi device and SIM card telecom company. Trinus launched 3G SIM cards with a B2B platform and introduced WiFi devices for sale and rental through their website trinus.cl. Trinus was founded in 2014 and is based in Región Metropolitana, Chile.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-11 Bienvenue WiFi

Paris, France

QG Group is a provider of mobile Wi-Fi solutions. QG Group was founded in 2014 and is based in Paris, France.

Buy -
Mergr

Product

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