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New Deal


Announced

Triton to invest in Wavelynx Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Security Equipment

Acquisition

Majority

security equipment

Private Equity

Pending

Single Bidder

Cross Border

Private

Friendly

Synopsis

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Triton, an investment firm, agreed to invest in Wavelynx Technologies, a secure and open mobile-first identity and access control solutions provider. Financial terms were not disclosed. “This newly formed partnership allows Wavelynx to accelerate its growth and double down on its commitment to its customers to remain independent and to continue to develop the most advanced and valuable technologies for the commercial security market. This investment will accelerate innovation at Wavelynx, giving our group access to additional operational expertise and significant capital to take our business to new levels of technology and growth," Hugo Wendling, Wavelynx CEO.

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