London, 21st May 2019 – Wireless Innovation, pioneers in Machine-to-Machine (M2M) satellite and cellular connectivity products and solutions, are delighted to announce the acquisition of Ground Control Systems Inc.
Ground Control is a full-service satellite internet provider and satellite systems manufacturer offering high-speed fixed, mobile, portable and maritime solutions to the corporate and public sectors, throughout North America. Founded in 2002, and based in California, Ground Control’s expert delivery of cutting-edge M2M connectivity and hardware solutions to meet complex customer demands has resulted in the company achieving impressive growth in recent years.
Wireless Innovation’s CEO, Phil Rouse, explained the benefits of the acquisition, commenting:
”“We are delighted to welcome CEO Jeff Staples and the Ground Control team to the Wireless Innovation Group. This acquisition is pivotal to the wider Group’s strategy to provide our customers with a broad suite of services and enable us to expand our reach internationally. Ground Control’s exceptional levels of expertise and impressive products will significantly enhance our offering across North America, and further strengthen our position as a leading global M2M connectivity and service provider.”
Jeff Staples, CEO of Ground Control concurred, adding:
”“The strength and credibility of the broader Group will help us in meeting our clients’ growing requirements for long term connectivity in a range of global environments, and further accelerating our growth.”
The acquisition of Ground Control closely follows Wireless Innovation Group’s acquisition of Rock Seven and YB Tracking last year. Luke Kingston, Partner at Horizon Capital, confirmed the Group’s intention to continue to advance their international growth, commenting:
”“The acquisition of Ground Control is highly accretive to the Wireless Innovation business and we look forward to continuing to support Wireless Innovation with further acquisitions.”
Wireless Innovation were advised by Deloitte, PwC, OC&C, Deauville Partners, Locke Lord and Forward Corporate Finance.
About Wireless Innovation:
Wireless Innovation has provided Machine to Machine connectivity solutions for over 15 years and specialises in securely connecting control systems, industrial monitoring equipment and tracking devices in remote and hazardous environments. In 2017 Wireless Innovation took investment from Horizon Capital to expand its reach internationally and broaden its product portfolio. In 2018 Wireless Innovation acquired Rock Seven and YB Tracking to strengthen its tracking and maritime product offering.