Graham’s Wireless Connectivity Platform Expands South Just in Time for the Winter

February 6th, 2024

OptConnect Completes Add-on Acquisition of M2M DataGlobal


Graham Partners (“Graham”), a private investment firm targeting advanced manufacturing and industrial technology companies, is pleased to announce that one of its portfolio companies, OptConnect, LLC (“OptConnect”), a provider of managed connectivity services for Internet of Things (“IoT”) applications, has acquired M2M DataGlobal (“M2M”). M2M follows the acquisition of Premier Wireless Solutions, which was completed in November 2021 and expanded OptConnect’s scale and addressable market across additional customers and end markets in North America. Together these businesses create a managed wireless connectivity platform of scale, capable of supporting customers across a broad spectrum of geographies, industries, and solution needs.

Headquartered in Santiago, Chile, M2M is a founder-owned and operated provider of managed wireless connectivity across Latin America, including Chile, Argentina, Peru, Ecuador, and Mexico. M2M offers a full suite of hardware products and connectivity solutions across IoT verticals including asset tracking/fleet management, security, and telematics, with the ability to support 2G through 5G devices. Partnering with M2M increases OptConnect’s exposure to high growth international markets and expands the total addressable market of the combined business. Similar to OptConnect, M2M focuses on providing recurring, high-margin managed connectivity solutions to a diverse range of IoT-focused customers, and is well-positioned to benefit from the ongoing conversion to managed connectivity and IoT use cases across Latin America.

Graham’s original investment thesis for OptConnect was premised on the conversion towards outsourced management of wireless network connectivity and Graham believes the Latin American market is poised to benefit from the same conversion-driven growth the U.S. has been experiencing for the past decade. Rob Newbold, Managing Principal at Graham Partners, said “We believe the geographic expansion through M2M will address demand from existing OptConnect customers to grow internationally and establish a path towards comprehensive global connectivity,’’ adding that, “the acquisition should ultimately improve OptConnect’s brand across new markets and strengthen the scale of the company’s core offerings.”

About OptConnect

OptConnect, headquartered in Kaysville, UT, is a one-stop-shop provider of cellular connectivity solutions for unattended, revenue-generating equipment. 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.



Rob Newbold (

Christina Morin (

Tel: (610) 408-0500


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 OptConnect or accelerate growth or lead Graham Partners' investment to become profitable.