Montagu completed the acquisition of a minority stake in Wireless Logic from CVC.

Montagu, a European private equity firm, completed the acquisition of a minority stake in Wireless Logic, a provider of communication software solutions, from CVC. Financial terms were not disclosed. “This is a landmark achievement for Wireless Logic. I’m hugely proud of the team for delivering on our objectives over the last three years during which time Wireless Logic became one of approximately 70 unicorn companies in Europe. The continued investment from Montagu is a strong indicator of the trust and confidence that they have in our (increasingly global) business and our continued potential for growth. We have built a strong and differentiated offering from which to continue to serve the needs of customers as the market and technologies evolve," Oliver Tucker, Wireless Logic CEO.