LERINS advises IoThink Solutions on its acquisition by Wireless Logic.
LERINS supported French IoT solutions provider IoThink Solutions in its acquisition by UK-based Wireless Logic, a provider of multi-operator SIM cards and IoT services.
Founded in Nice in 2016, IoThink Solutions offers flexible and customized IoT solutions, facilitating the creation of business applications for players in the Smart City, energy, retail, industrial and Smart Building sectors in particular. IoThink Solutions’ innovative platform allows for example to control connected devices, monitor fleets and analyze data.
The acquisition of IoThink Solutions is part of Wireless Logic’s international expansion strategy. In particular, it will accelerate the development of projects for IoThink Solutions’ 1,000 customers around the world.
On this transaction, IoThink Solutions was advised by LERINS with Laurent Julienne (partner), Yohann-David Saadoun and Julia André for the corporate aspects and by Operandi with Matthias Heyberger (partner) for the tax aspects.
Osborne Clarke advised Wireless Logic with Catherine Olive (partner) and Cyrille d’Amécourt on corporate aspects.
Federico Arcelli acted as financial advisor to the shareholders of IoThink Solutions.
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