Mobius Networks

NVM Private Equity Vintage III LP, has completed the management buy-out of Mobius Networks Limited (MNL), a market leading mobile virtual network operator, providing data connectivity services for Internet-of-Things (IoT) and Machine-to-Machine (M2M) applications across healthcare, transport and retail sectors.

Formed in 2004 and headquartered in Leicestershire, Mobius Networks has created an differentiated means of data provision that is highly secure and flexible whilst offering highly reliable connectivity and availability.

The market for IoT and M2M operations is growing extremely quickly and Mobius has developed an excellent strategic position to take advantage of this growth. Customers include a host of local councils, regional and national transport providers and high-profile entities including Manchester Airport and the Highways Agency. Retail and industrial customers cover a range of household names including Google, IBM, Dunelm, Aldi and Siemens.

The investment from NVM will help to accelerate Mobius’ growth and drive continued development of its software and sales expertise.

James Arrowsmith, Andy Leach and Liam May led the investment for NVM, with Leach and May joining the MNL board at completion.

“Mobius Networks is delighted to be partnering with NVM. The opportunity to rapidly scale Mobius in the vast and vastly growing IOT and industrial internet market is compelling. The technical capability of the Mobius team and its value proposition is exceptional. This combined with the support and expertise of the NVM team, means that there are even more exciting times ahead for Mobius Networks.”

Managing Director, Doug Gilmour said