ECI Partners portfolio company Arkessa has acquired connectivity business Sim Services.
The GP supported this transaction and is expected to support further acquisitions in the future.
The acquisition is expected to allow Arkessa to strengthen its presence in the Netherlands.
Founded in 2009 as a spin-out from eOffice, Sim Services acts a service partner for machine-to-machine and Internet-of-Things providers. It is also a supplier of Sim cards and is based in De Meern.
ECI Partners – Paul McCreadie (partner).
Arkessa – Andrew Orrock (CEO).
Sim Services – Rutger Stekelenburg (CEO).
Bid Equity began its social care and healthcare software buy-and-build strategy in 2017
Marfin has received a binding offer from CVC and granted the GP an exclusivity period until 6 November
Firms invested in the business in 2015 alongside management, acquiring it from Initiative & Finance
Healthtech company has raised $34.2m since being founded six years ago