BarentsKrans advises the sell side on the sale of Sim Services

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BarentsKrans has advised the sell side on the sale and transfer of the shares in Sim Services International B.V. to Arkessa B.V.

Sim Services is an independent provider of IoT sim cards and service provider in the field of M2M and IoT communication.

CEO Rutger Stekelenburg said the following about this transaction: “Arkessa offers a global footprint for cellular IoT, and their world-leading LPWAN and eUICC capabilities bring a whole new level of flexibility and coverage to the markets we currently serve, as well as opening up exciting new ones.”

Michiel Martin, Thomas van Hövell tot Westervlier, Anne-Rieke van der Linden and Robert-Jan Roos were involved in this transaction.

For more information, please be referred to: https://tech.eu/brief/arkessa-buys-sim-services/