Brevet Capital Purchases PanOptis

NEW YORK–(BUSINESS WIRE)–Funds managed by affiliates of Brevet Capital, a leading
specialty finance provider with a dedicated focus on the government
sector, have acquired intellectual property management and finance
company PanOptis, comprised of Optis Wireless Technology, Optis Cellular
Technology, and Unwired Planet. Financial terms of the private
transaction were not disclosed.

PanOptis was established in 2012 by then Chief Executive Officer Leslie
Ware. PanOptis consolidated innovative telecommunications patent
portfolios and facilitated access to valuable technology for smartphone
manufacturers. In 2016, PanOptis acquired Unwired Planet, creating
additional efficiencies and value for its licensees.

Since we began this journey in 2012, we have accomplished our goal and
brought increased efficiency to our customers,” said Ware. “We have
created a predictable stream of revenue that Brevet is well positioned
to manage.”

Brevet is extremely excited about this acquisition and we look forward
to enabling access to innovative technology for global product
manufacturers,” said Doug Monticciolo, Chief Investment Officer of
Brevet. “We also look forward to advancing the mobile industry’s
contribution to the United Nations Development Programme’s Sustainable
Development Goals (SDGs) by enhancing access and connectivity globally.”

Headquartered in New York, Brevet is a registered investment advisor
employing a specialty finance strategy that emphasizes downside
protection. Focusing on opportunities related to the government sector,
Brevet originates and structures customized financing solutions that
facilitate borrower growth initiatives. Since inception, Brevet has
advised and structured over $20 billion of transactions. Brevet has a
20-year track record of partnering with U.S. state, federal, and
international government agencies to provide unique financing solutions.

Contacts

Media Contacts
For Brevet Capital
Alex Stanton
(212)
780-0701
[email protected]

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