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Consumer Wearables Smartwatch Solutions sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Consumer Wearables Smartwatch Solutions

1.1 - About Consumer Wearables Smartwatch Solutions sector

Companies in the Consumer Wearables Smartwatch Solutions category design and manufacture wrist‑worn devices, operating software, and companion services that deliver continuous health tracking, on‑the‑go communications, and seamless phone integration. They combine multi‑sensor hardware with secure connectivity and cloud features to enable notifications, payments, navigation, and wellness insights, creating sticky ecosystems that drive device adoption, recurring services, and data‑enabled experiences.

Vendors typically offer multi‑sensor smartwatch hardware featuring PPG, ECG, SpO2, accelerometers, gyroscopes, and GPS, paired with LTE and Bluetooth connectivity and a proprietary or Android‑based wearable OS. They deliver companion iOS/Android apps, cloud dashboards and analytics, NFC wallets with tokenization, app catalogs and SDKs for third‑party integrations, battery optimization and ruggedization, enterprise device management, plus wellness coaching with sleep, stress, activity insights, fall detection, and SOS.

These providers primarily serve consumer electronics shoppers through brand channels, partner with mobile network operators for bundled plans, and support healthcare and wellness organizations pursuing remote monitoring or population health. Outcomes include higher device attach rates, subscription and service revenue, improved user retention and engagement, better clinical and wellness insights, and safer field operations through location tracking, alerts, and compliance features.

2. Buyers in the Consumer Wearables Smartwatch Solutions sector

2.1 Top strategic acquirers of Consumer Wearables Smartwatch Solutions companies

Whoop Logo

Whoop

HQ: United States Website
  • Description: Provider of wearable health technology and membership services that offer medical-grade insights; WHOOP’s Life membership pairs the WHOOP MG device with on-demand ECG, blood pressure insights, recovery, sleep and strain scoring to help users monitor heart health, manage stress, and build longevity-supporting habits.
  • Key Products:
  • Whoop 4.0: Screenless wrist or clothing-worn tracker with silicon-anode battery, expanded capacity, monitoring biometrics and syncing data to app for detailed strain, sleep, and recovery insights
  • Stress Monitor: Continuous feature evaluates HRV, resting heart rate to calculate personalized Stress Score, delivering real-time breathwork guidance for reducing stress or boosting alertness
  • Whoop Coach: OpenAI-powered chat-based assistant lets members ask tailored questions, receiving on-demand fitness, recovery, and health coaching grounded in their personal wearable data
  • Whoop App & Recovery Score: Mobile app aggregates sleep
  • HRV, resting heart rate, respiratory rate data, producing 0-100% Recovery Score, and suggests exertion goals aligned with daily readiness.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Consumer Wearables Smartwatch Solutions sector

M&A buyer group 1: Wearable Technology

91 companies View group →
Description: Companies in the Enterprise Connected Wearable Monitoring Solutions category build sensor-enabled devices and cloud platforms that capture physiological and safety signals, transmit data in real time, and trigger actionable alerts and workflows. Offerings span continuous glucose monitors, remote patient monitoring programs, fitness recovery trackers, PERS wearables, and industrial gas-detection devices. These vendors combine connectivity, analytics, and managed services to reduce risk, improve health outcomes, and streamline compliance and incident response.
Garmin

Garmin

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of GPS-enabled wearables, cycling computers, handhelds, satellite communicators and related navigation and fitness technology for sports, outdoor, marine, aviation and automotive markets, designed to connect people to their passions through vivid displays, health metrics and inReach connectivity.
  • Key Products:
  • Garmin fleet 660: Android-based navigator for light commercial vehicles featuring accurate maps, customizable apps, 6-inch HD dual-orientation touchscreen and bundled mounting accessories for easy in-vehicle deployment
  • Garmin fleet 670/670V: Dedicated long-haul trucking navigators providing turn-by-turn directions, big bright screens, satellite-reliant data, and compatibility with barcode readers, card readers, printers, scanners and Wi-Fi cameras
  • Garmin Navigation APIs: Software interface that lets solution providers integrate third-party or custom applications seamlessly with the Garmin navigation experience on fleet devices, enabling bundled value-added services for enterprise clients
  • Serial FMI Support: Compliance with latest serial Fleet Management Interface specifications, ensuring broad compatibility with fleet management systems and facilitating reliable data exchange and device control.
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Buyer group 2: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Consumer Wearables Smartwatch Solutions sector

3.1 - Buyout funds in the Consumer Wearables Smartwatch Solutions sector

Buyout Funds investing in Consumer Wearables Smartwatch Solutions companies

51+ funds
Description: Buyout funds focused on Consumer Wearables Smartwatch Solutions companies globally.

TPG

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Consumer Wearables Smartwatch Solutions
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Consumer Wearables Smartwatch Solutions sector

Growth Equity Funds in Consumer Wearables Smartwatch Solutions companies

41+ funds
Description: Growth equity funds focused on Consumer Wearables Smartwatch Solutions companies globally.

Partech

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Consumer Wearables Smartwatch Solutions
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Consumer Wearables Smartwatch Solutions companies

4.2 - Public trading comparable groups for Consumer Wearables Smartwatch Solutions sector

Valuation benchmark group 1: Consumer IoT Device Manufacturers

3 companies View group →
Description: Public companies in this group design and manufacture consumer Internet‑of‑Things devices—primarily smart home security cameras, hubs, and controllers—paired with cloud software and subscription services. They monetize through hardware sales, recurring storage and monitoring plans, and ecosystem accessories. These issuers are used as public trading comparables because they share hardware‑plus‑software business models, similar end markets, and valuation drivers tied to device shipments, subscriber growth, and services mix.
EZVIZ Network logo

EZVIZ Network

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of smart home security solutions focused on offering intelligent devices and cloud-based platforms to enhance safety and convenience in homes and businesses.
  • Key Products:
  • Security Cameras: Provides a range of cameras for home and business surveillance
  • Smart Detection Systems: Delivers intelligent detection and alerting solutions for enhanced safety
  • Cloud Storage: Offers cloud-based data storage and management
  • Home Automation Devices: Facilitates smart home integrations for seamless connectivity
  • Mobile Applications: Develops apps for remote monitoring and control of smart devices.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Consumer Wearables Smartwatch Solutions sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Consumer Wearables Smartwatch Solutions sector

Who are the top strategic acquirers of Consumer Wearables Smartwatch Solutions companies?

Top strategic buyers in this sector include Whoop, a provider of wearable health technology and membership services that offer medical-grade insights; whoop’s life membership pairs the whoop mg device with on-demand ecg, blood pressure insights, recovery, sleep and strain scoring to help users monitor heart health, manage stress, and build longevity-supporting habits. .

Which buyer groups are most relevant for Consumer Wearables Smartwatch Solutions companies?

Relevant strategic buyer groups similar to the Consumer Wearables Smartwatch Solutions sector include Wearable Technology because they share similar customer segments and product capabilities.

Financial Investors in Consumer Wearables Smartwatch Solutions sector

Which are the top PE firms investing in Consumer Wearables Smartwatch Solutions companies?

Potential investors in the broader Consumer Wearables Smartwatch Solutions space include Partech and TPG.

Who are the top buyout funds acquiring Consumer Wearables Smartwatch Solutions companies?

Active PE funds and buyout funds acquiring companies in the Consumer Wearables Smartwatch Solutions space include TPG.

Who are the top growth equity funds investing in Consumer Wearables Smartwatch Solutions companies?

Growth funds investing in the broader Consumer Wearables Smartwatch Solutions sector include Partech.

Valuation of Companies in Consumer Wearables Smartwatch Solutions sector

Which are the key public companies that are relevant trading comps for Consumer Wearables Smartwatch Solutions companies?

Key trading comparable groups include EZVIZ Network, a provider of smart home security solutions focused on offering intelligent devices and cloud-based platforms to enhance safety and convenience in homes and businesses..

Which are the key trading comparable groups for Consumer Wearables Smartwatch Solutions companies?

Similar trading comparable companies include Consumer IoT Device Manufacturers. Our platform tracks detailed trading comparable groups in the Consumer Wearables Smartwatch Solutions sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Consumer Wearables Smartwatch Solutions sector?

Our platform tracks M&A transactions in the Consumer Wearables Smartwatch Solutions sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Consumer Wearables Smartwatch Solutions?

Access recent funding rounds in the Consumer Wearables Smartwatch Solutions sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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