Simo Holdings, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Simo Holdings, Inc. is a privately-held company specializes in providing wireless data connection services to deliver a personal WiFi hotspot for a seamless and undisturbed lifestyle. The company's services utilize virtual sim (vSIM) technology, ensuring high-speed and secure mobile internet without hidden charges or the complexities of device configuration. Solis Wifi aims to offer users a hassle-free solution for accessing reliable and fast wireless connectivity. Simo Holdings, Inc. was founded in 2008 by Jing Liu. Simo Holdings, Inc. headquarters are located in San Francisco, California. Simo Holdings, Inc. was formerly known as Skyroam.
Keywords
Keywords
Classified
Private