LDC-Backed Wifinity Acquires UK-Based Next Connex

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

Continent: Europe

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.

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