Liberty Corporate Finance (“Liberty”) advised the management team of CSL Group (“CSL”), a British international critical communications service provider, on the acquisition by ECI Partners LLP (“ECI”).
CSL Group is a market leader for secure connectivity solutions in the fire, security and telecare sectors. CSL partners with mobile network operators worldwide, providing complete end-to-end connectivity services for mission-critical M2M/IoT applications. CSL services over one million M2M/IoT devices and monitors four billion events through its platforms each month across the UK, Sweden, the Netherlands, Spain and Ireland. The investment by ECI will support CSL to further enhance its offering to its customer base, investing in product innovation and ensuring the high-quality service levels it is known for as it expands.
ECI is a leading private equity investor, with over 40 years of experience. Collaborating with management teams to build successful global businesses, ECI focuses on technological and market disruption as well as long-term structural trends in the TMT, business and financial services, and consumer sectors. ECI’s previous investments in the IoT and connectivity space include Wireless Logic, Send for Help and Arkessa.
The investment will support CSL to further enhance its offering to its customer base, investing in product innovation and ensuring the high-quality service levels it is known for as it expands.
Liberty Corporate Finance advised the senior management team on the terms of their investment and the management incentive plan.