PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

ECI-backed Arkessa acquires Netherlands-based Sim Services

Arkessa, an IoT connectivity provider backed by mid-market private equity firm ECI Partners since 2018, has continued its global expansion with the acquisition of Sim Services, a Netherlands-based connectivity services provider. The acquisition will allow Arkessa to strengthen its presence in the Netherlands and will help it reach its goal to ‘future proof’ customers’ connections to the Internet of Things. 

 
Arkessa offers world-wide, world-class cellular connectivity services that make it easy to design, deploy and manage IoT devices securely, efficiently, and at scale, regardless of application or business model. Arkessa provides global coverage, competitive rates, and world-leading technical support, providing a single platform view for customers to order, manage, and connect their smart devices. With offices in the UK, Europe and the US, Arkessa serves multiple vertical sectors, both directly, and through strategic channel partnerships.
 
Sim Services is an independent provider of IoT connectivity services based out of the Netherlands.  Together with efficient support, short lines of communication and above all fast response times, Sim Services has always differentiated its services by providing the best solutions and support for its clients, with the goal of making IoT connectivity easy.
 
Andrew Orrock, CEO, Arkessa, says: ‘We are delighted to welcome the Sim Services team to the Arkessa Group, and we very much look forward to working together as we continue to fuel our international growth in the IoT market. Rutger and Jeroen lead an expert team that share our values and determination to make IoT connectivity easy to deploy across all sectors, and their team has shown particular strength in delivering the highest level of service and tailored solutions throughout Europe. We welcome their dedication, customer focus, and drive for excellence.’
 
Rutger Stekelenburg, CEO, Sim Services, says: ‘Our whole team is so excited by this partnership. Arkessa is a natural fit for Sim Services culturally, and in enabling us to offer enhanced capabilities and broader services to our growing customer base. Arkessa offers a global footprint for cellular IoT, and their world-leading LPWAN and eUICC capabilities bring a whole new level of flexibility and coverage to the markets we currently serve, as well as opening up exciting new ones. The team is today as focused as ever on delivering great service to our customers, and we are delighted to join forces with such a dynamic and fast-moving team.
 
Paul McCreadie, Partner, ECI Partners, says: ‘Arkessa is well positioned to capture the considerable global growth projected in IoT managed services, with billions of connected devices being deployed in the coming decade. ECI is delighted to support Arkessa in making acquisitions which will have a direct positive impact on IoT customers looking for best-in-class connectivity services, anywhere in the world.’
 

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured