Recent Updates — KORE
July 21, 2026View Source ↗
KORE Group Holdings, Inc. completed its acquisition by affiliates of Searchlight Capital Partners, L.P. and Abry Partners, LLC on July 21, 2026, taking the company private. Outstanding common stock was converted into the right to receive $9.25 per share in cash. The company is delisted from the New York Stock Exchange and has entered into a new $300 million term loan facility and $25 million revolving credit facility. KORE Group Holdings, Inc. is a global provider of Internet of Things (IoT) connectivity, solutions, and analytics.