Delphi advisor when Sierra Wireless acquires Wireless Maingate
Delphi together with Blake Cassels & Graydon LLP advisor when Sierra Wireless expands into M2M connectivity services with acquisition of Wireless Maingate.
Delphi together with Blake Cassels & Graydon LLP advisor when Sierra Wireless expands into M2M connectivity services with acquisition of Wireless Maingate.
Wireless Maingate AB is a Sweden-based provider of machine-to-machine (M2M) connectivity and data management services. Sierra Wireless will acquire all the outstanding shares of Wireless Maingate, including those held by Nordic private equity fund Verdane Capital VI.
The transaction is expected to close in February 2015.
Delphi’s team was led by Per Berglöf, mainly assisted by David Aversten, head of Delphi’s Private Equity Group and the lawyers Michael Juhlin and Rickard Isacson. In addition, a number of lawyers from the Stockholm office have been involved in the transaction.
Advokatfirman Vinge is acting as counsel for Verdane.
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