AGC Partners Advises GlobalReach on Its Acquisition by ASSA ABLOY

Transaction Details

AGC Partners is pleased to announce the acquisition of its client, GlobalReach, by ASSA ABLOY (STO: ASSA B). GlobalReach is a leading provider of Wi-Fi access and engagement platform solutions for the hospitality and commercial real estate industries in the UK. This move will strengthen ASSA ABLOY's hospitality offerings and open the doors for future growth. GlobalReach, with their technical expertise, will add to ASSA ABLOY's Global Solutions portfolio and allow them to create a unique, unified, and connected network solution specifically designed for the hospitality industry. This network will streamline the entire customer and guest experience across the global hospitality and MTU markets. With a banking team led by Jon Weibrecht and Charlie Schopp, AGC Partners acted as the sole financial advisor to GlobalReach.

To view the announcement by ASSA ABLOY, click here.

AGC Partners Advises GlobalReach on Its Acquisition by ASSA ABLOY


"I still remember when Jonathan and Charlie took me to lunch trying to convince me how attractive they felt Nomadix and GlobalReach would be to many potential investors. When we took the leap of faith to have them lead us through a confidential process, we did not know where the journey would lead. In addition to being pleased with the results by selling the companies at a high valuation to a prestigious strategic buyer, we also learned how important choosing the right partner is for the journey. Jonathan, Charlie, and their amazing team worked and advocated tirelessly on our behalf at every stage of the process. We cannot speak highly enough about what AGC Partners did to lead us through to a successful transaction."

Ted Helvey, CEO & Chairman, GlobalReach

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