Arendt advised Montagu in the capital raising of a €2bn CV to support Wireless Logic’s next phase of global growth

Experts involved in the Deal

We’re proud to have advised as Luxembourg counsel Montagu, a leading mid-market private equity firm, on the successful close of a €2 billion single-asset continuation vehicle (“SACV”) to extend its partnership with Wireless Logic (“the Company”), a leading global Internet of Things (“IoT”) platform provider.

The fund, the largest SACV completed in Europe this year, will be managed by Montagu, with TPG GP Solutions as lead investor and CVC Secondary Partners and Partners Group as co-leads. The vehicle was heavily oversubscribed, reflecting strong demand from both existing and new institutional investors and underscoring Wireless Logic’s performance, as well as Montagu’s track record of executing landmark transactions and delivering value through active ownership.