Headline: LDC-Backed Wifinity Acquires UK-Based Next Connex
Deal Type: Acquisition
Acquiring Company: Wifinity
Target Company: Next Connex
Target Company Services: WAN, SD-WAN
Deal Valuation (if available): Not specified
Country of Target: United Kingdom
Target Company Industry: Network Connectivity
Deal Rationale: The acquisition enhances Wifinity’s technical and product capabilities, particularly after its scaling post-LDC investment in 2021.
Deal Summary: Wifinity, backed by LDC, has acquired Next Connex, a Surrey-based network connectivity provider specializing in WAN, SD-WAN, and Infrastructure-as-a-service. This acquisition aims to bolster Wifinity’s technical and product capabilities.