OptConnect, a leader in managed wireless solutions, 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.
Chris Baird, President of OptConnect, said, “Graham’s industry expertise and experience investing in the IoT and smart safe industries resonated with the OptConnect team. We are thrilled to be working together with Graham as we continue the legacy of delivering meaningfully unique solutions for our customers for many years to come.” Graham Partners will utilize their prior experience in the IoT space, the ATM industry, and with cash trends to add value to OptConnect going forward.
Rob Newbold, Managing Principal at Graham Partners, stated, “OptConnect is a leading, innovative player in the industry with superior technology, deep customer relationships, and strong business practices. Graham plans to leverage the company’s leading market position and continue its expansion into high-growth IoT end markets.”
OptConnect is benefiting from the industry-wide conversion to managed connectivity solutions, the transition from traditional wireline services towards wireless networks, and the broader trend towards connected devices with IoT functionality. Members of Grant Victor, the prior parent company representing the founders and previous leadership of OptConnect, will retain an investment in OptConnect. The transaction terms were not disclosed. OptConnect was advised by R.W. Baird.
About Graham Partners
Graham Partners (www.grahampartners.net), 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.
About OptConnect
Established in 2009, OptConnect has rapidly emerged as a premier provider of IoT connectivity solutions, serving diverse sectors including ATMs, vending machines, smart safes, digital signage, security assets and irrigation systems. With the strategic acquisition of Premier Wireless Solutions (PWS) in 2021 and the recent add-on addition of M2MDataGlobal in 2024, OptConnect has solidified its global presence and commitment to delivering cutting-edge wireless connectivity solutions. Our mission remains focused on helping customers design, deploy, and manage their IoT initiatives.
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Media Contact
Gateway Group
Christina Lockwood, Ryan Deloney
(949) 574-3860
optconnect@gateway-grp.com
