Wireless Logic

Investor: General Atlantic

Wireless Logic, a British telecoms firm, has sold a minority stake to US private equity group General Atlantic, valuing the business at £3.5 billion.Summary of transaction details:Value: £3.5 billionSector: Software & SaaSAdvisor: N/AKey Entities: Wireless Logic, General AtlanticLocation: UKNote: This deal marks a significant milestone for Wireless Logic, a profitable unicorn, as it expands globally with strategic investor General Atlantic.