Vinge represented Verdane Capital VI in the divestment of Wireless Maingate AB (”Maingate”) to the NASDAQ-listed Canadian company Sierra Wireless, Inc. for a purchase price of USD 90 million.
Maingate is a pioner within the M2M field, i.e. mobile communication between devices, and has a market leading position in the Nordic market. Sierra Wireless is a world leader within the field of equipment and services for M2M communication.
Vinges team consisted of partner Jesper Ottergren together with associates Anna Edström, Kristoffer Franzkeit and Cecilia Cronqvist
Matter Type
M&A: Seller's Counsel
Industry
Fund/Investment Management
News Category
M&A