GroupTalk has been acquired by AddSecure

The private shareholders of GroupTalk have sold the company to AddSecure, a leading European provider of secure IoT connectivity and end-to-end solutions. This acquisition supports AddSecure’s strategic goal of expanding its offering in secure critical communications.

Founded in 2006 and headquartered in Sweden, GroupTalk is a SaaS company specializing in cloud-based push-to-talk (PTT) solutions, delivering business-critical communication services across sectors such as public safety, security and aviation. Its platform enables mobile workforces to collaborate in real time through instant group communication, which is essential for efficient operations in many industries. Customers include SAS, the Dutch police, Securitas, Volvo and Filmstaden. GroupTalk’s scalable and secure solution offers global coverage and is one of the few pure SaaS providers in the PTT market.

AddSecure is a leading European provider of secure Internet of Things (IoT) connectivity and end-to-end solutions focused on safeguarding critical communications and operations. With a mission to contribute to a safer and smarter world, AddSecure delivers cutting-edge solutions for secure communications, data and alarm transmission across key sectors, including security, fire and safety, transport and logistics, utilities and smart cities.

Oaklins’ team in Sweden acted as the exclusive financial advisor to the owners of GroupTalk in connection with its sale to AddSecure.

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M&A sell-side

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“Joining AddSecure marks an exciting new chapter for us. Together, we will leverage our combined strengths to deliver innovative, secure solutions that drive growth and create greater value for both our existing and new customers. Oaklins’ transaction process really works. With a truly professional team that does a solid job while still being pragmatic, it ensures a smooth journey and delivers substantial relief to the parties involved. Most importantly, the final result met our high expectations.”

Magnus Hedberg

Founder and CEO, GroupTalk

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Jakob Mårtensson

Associate Director

Stockholm, Sweden
Oaklins Sweden

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Adel Koubaa

Managing Partner

Stockholm, Sweden
Oaklins Sweden

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Carl Andersson

Analyst

Stockholm, Sweden
Oaklins Sweden

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