Dechert LLP is advising Graham Partners, a private investment firm focused on investing in businesses with advanced industrial technologies, in its investment in OptConnect, LLC (OptConnect), a leading provider of managed wireless connectivity solutions for unattended equipment.
OptConnect, LLC (“OptConnect”) announced today that its high growth will be further accelerated by a significant financial investment from Graham Partners, a private investment firm based in suburban Philadelphia, PA. OptConnect is a leading provider of managed cellular wireless connectivity solutions for unattended equipment in the Machine to Machine (M2M) and the emerging Internet of Things (IoT) marketplaces.
OptConnect, headquartered in Kaysville, Utah, is an industry leader in the managed wireless connectivity industry. Primary Internet of Things (IoT) markets for OptConnect include ATMs, self-service kiosks, micro-markets, and digital signage. The company’s solution focuses on providing safe, secure, reliable, and affordable connectivity by using a combination of proprietary device configurations, cloud-based remote monitoring software, and tight integration with cellular carriers. OptConnect serves over 3,000 customers with over 85,000 installed wireless units around North America.
Graham Partners,headquartered in suburban Philadelphia, PA, is a private investment firm focused on investing in businesses with advanced industrial technologies, innovative product offerings, and strong growth potential.
Dechert LLP is advising Graham Partners with a team including Jeffrey Legath (Picture), Sarah Gelb (corporate), Joshua Milgrim (tax), David Jones (employee benefits), Jonathan Stott and Leen Al-Amami (corporate).
Law Firms: Dechert;
Clients: Graham Partners;