Graham Partners Connects 4 With Latest Add-On

OptConnect Closes Fourth Add-On Acquisition Under Graham’s Ownership

Graham Partners (“Graham”), a private investment firm targeting advanced manufacturing and technology-enabled services businesses, is pleased to announce that its portfolio company, OptConnect, LLC (“OptConnect”), a provider of managed wireless connectivity services for Internet of Things (“IoT”) applications, has acquired Digital Products Limited (“DPL”). DPL marks OptConnect’s fourth add-on under Graham’s ownership, following the acquisitions of Premier Wireless Solutions in 2021 and both M2M DataGlobal and Capestone in 2024. This latest acquisition adds additional proprietary technology solutions to OptConnect’s managed connectivity platform while also expanding capabilities in Canada, complementing existing operations across North America, South America, and Europe.

Headquartered in New Brunswick, Canada, DPL is a provider of bundled proprietary hardware and managed connectivity solutions primarily serving the North American ATM, bitcoin kiosk, and asset-tracking markets. DPL is recognized for its robust communications capabilities, remote management system, and security offerings, which seek to deliver a differentiated set of value‑add features, including proactive error detection and tampering alerts for customer devices. Unlike lower-touch connectivity alternatives, DPL’s advanced monitoring and security features aim to reduce downtime and service calls, fitting in well with OptConnect’s existing managed connectivity solution suite. Graham believes DPL’s added capabilities, paired with its strong engineering and technology resources, will enhance OptConnect’s future product development and broaden the solutions available to organizations managing increasingly complex connectivity infrastructure.

Stephen Wittmann, Principal at Graham Partners, said, “OptConnect has known the DPL team for over a decade and admired their focus on developing differentiated technology solutions for the connectivity market, which aligns closely with OptConnect’s own growth strategy. We are excited to partner with the DPL team to unlock additional growth opportunities for the combined business and to better serve the needs of customers across OptConnect’s international network.” Rob Newbold, Managing Partner and Chief Investment Officer at Graham Partners, added, “This acquisition reflects a natural step in OptConnect’s ongoing growth efforts and continues the company’s track record of acquiring complementary managed connectivity players across the globe. We are confident that with the addition of DPL’s proprietary technology and Canadian footprint, OptConnect will be well-positioned to continue delivering secure, reliable connectivity solutions to customers across a wide range of IoT applications.”

About OptConnect

OptConnect, headquartered in Kaysville, Utah, is a one-stop-shop provider of cellular connectivity solutions for diverse IoT applications. The company’s solution combines proprietary device configuration, network monitoring, and reliable wireless IoT connectivity to provide a cost effective, dependable, and secure total managed platform. The company offers an attractive value proposition to customers with an easy-to-install, bundled solution designed to meet the evolving needs of IoT customers. Thousands of customers rely on OptConnect for its ‘easy button’ approach, plug-and-play hardware, managed services, and customer care.

FOR FURTHER INFORMATION CONTACT:  

Rob Newbold (rnewbold@grahampartners.net)
Steven Wittmann (swittmann@grahampartners.net)
Tel: (610) 408-0500
www.grahampartners.net
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This press release is for informational purposes and is not an offer to sell, or a solicitation of an offer to buy, securities in the United States or elsewhere. Graham Partners is not utilizing this release to provide investment or other advice, and no information disclosed therein is to be relied upon for the purpose of making investment decisions. Past performance does not guarantee future results and any transactions described are included as representative transactions and are not necessarily reflective of overall performance. It should not be assumed that any investment described herein was or will be profitable. There can be no assurance that historical trends will continue. Graham Partners’ market characterization is based on subjective determinations that it believes reasonable but others may disagree with such characterization. There is no guarantee that Graham Partners’ initiatives will drive value for its investments or accelerate growth or lead Graham Partners’ investments to become profitable.