SIMETRY acquired by Wireless Logic
Context
Structured as a corporate carve-out separating SIMETRY from its historical parent entity Stallion Infrastructure Services, the transaction transfers full ownership of the managed IoT connectivity business to London-based Wireless Logic. Officially completed on July 10, 2026, the cross-border acquisition represents the twenty-first corporate purchase executed by the British group, reinforcing an active programmatic buy-and-build strategy across the international enterprise telecommunications landscape. Under the governance terms established in the definitive share purchase agreement, the acquired business will maintain operational continuity under its current executive leadership, with co-founder Cash Blackburn remaining at the helm to drive regional development. From a portfolio alignment standpoint, the divestment enables Stallion Infrastructure Services, led by Chief Executive Officer Darron Anderson, to concentrate managerial resources and strategic capital on its core tech-enabled site services and field operations. The strategic thesis pursued by the purchasing organization centers on absorbing domestic provisioning channels and local carrier distribution agreements to enhance its commercial delivery across the United States. While financial consideration and valuation multiples remain undisclosed by the transacting parties, the integration creates direct structural synergies by linking regional assistance infrastructure directly to a centralized core routing network. By adding localized operational bandwidth, the acquiring group broadens its institutional capability to bid on multi-jurisdiction enterprise connectivity mandates, serving heavy industry and critical utility accounts that require native domestic response alongside unified global contract administration. The structural transaction formalizes the transition of an internal corporate division into an integrated growth platform within a dedicated telecommunications consolidator.
SIMETRY, which reported an EBITDA margin of in 2026, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.3x).
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Target
Founded in 2020 in Houston, Texas, by Cash Blackburn, SIMETRY operates as a specialized provider of managed cellular Internet of Things connectivity solutions and integrated hardware infrastructure for enterprise clients. The company designs and deploys customized connectivity architectures tailored to organizations managing mission-critical field operations across the construction, energy, industrial, commercial, and public administration sectors. Its commercial offering centers on an end-to-end managed service portfolio that combines multi-carrier SIM card management, automated device provisioning, hardware sourcing, and continuous secure global network routing. Through an aggregated cellular infrastructure, the business delivers unified administrative visibility across multiple tier-one telecommunications carriers, enabling end-users to oversee heterogeneous device fleets from a single centralized management interface. SIMETRY couples its software and hardware distribution capabilities with a dedicated twenty-four-seven technical support center staffed by domestic network engineers to handle continuous remote diagnostics, network failover protocols, and on-demand device configurations. The enterprise architecture focuses strictly on resolving cellular deployment friction, security compliance demands, and SIM inventory complexity for field-deployed industrial terminals, telemetry sensors, and mobile broadband routers operating in harsh physical environments.
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REFERENCES
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Target: simetry
Acquirer: wireless logic