A leading IoT managed services provider
How we helped
- We helped management to map the IoT market for potential acquisition opportunities, leading to the acquisition of Netherlands-based Sim Services, supporting Arkessa’s international growth ambitions and cementing the business’ position as one of the few independent businesses of scale in the IoT market.
Sales & marketing:
- We worked closely with the Arkessa management team on a number of value creation projects including Salesforce excellence, pricing, sales pipeline analytics and business intelligence improvements.
In 2021 we completed the sale of Arkessa for a 2.1x return and a >30% IRR. The buyer was Wireless Logic, an ECI investee business from 2011 to 2015, and Europe’s leading independent IoT managed services provider.