KORE Group Holdings, Inc. Overview
Pro stress-test →KORE Group Holdings provides Internet of Things (IoT) services and solutions globally, offering connectivity and location-based services, device solutions, and managed professional services for business IoT applications. The company serves healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors.
Strategic Profile
Pro stress-test →The company agreed to be acquired by Searchlight Capital Partners and Abry Partners for $9.25 per share in an all-cash transaction valued at approximately $726 million, with the deal expected to close in Q2 or Q3 2026 and make KORE a privately held company. As of Q3 2025, KORE reported revenue of $68.7M (flat YoY) with 20.5M total connections (+9% YoY) and adjusted EBITDA of $14.5M (+12% YoY).
Competitive Landscape
Pro stress-test →Key competitors include ClearObject, EMnify, Eseye, Velocitor Solutions, and Spireon in the IoT connectivity and solutions space. KORE differentiates through global connectivity infrastructure, device management services, and security software capabilities, though faces competition from larger telecom providers and specialized IoT platforms.
Industry Context
KORE Group Holdings, Inc. operates in Internet of Things (IoT) Connectivity and Solutions.
Key facts
Founded: 2002 · Headquarters: Atlanta, US · Employees: 539 · Revenue: $285M · Market cap: $76.5M