Liberty Capital Group has acquired Internet of Things innovator, the publicly owned ID Global through equity purchase.

Adding to their portfolio of skills and insight, Liberty Capital Group has acquired Internet of Things innovator, the publicly owned ID Global through equity purchase. The two companies are expecting to leverage the vision and knowledge within the new group to build the skill platform necessary to lead the emerging fragmented smart city 4.0.

ID Global is a publicly traded company with a vision to consolidate what’s a fragmented Smart City (IoT) 4.0 industry. Liberty Capital Group focuses on small business funding, leveraging their insight and understanding of competitive markets to provide IDGC with a solid foundation for future success.

Focused on businesses involved with exploring new approaches to energy consumption, sensors & monitoring, smart lighting (LED), and WiFi connected Smart Cities. Considers itself as a consolidator in the Internet of Things.

Combining the insight and skills of both IDGC market reach and Liberty Capital Group, the company will be led by Harry Orfanos as Chairman and CEO, with Adrian Dalsey taking the position of President and Board Member.

Adrian Dalsey, Liberty Capital Group CEO, explained the move, “It’s a great opportunity for both companies. It’s estimated that the Internet of Things will reach 35 billion devices serving 7 billion people, all connected to the Internet, by 2020.” He continued, “That’s a huge market, and the ability to transform smart cities and enable new ways of using technology to improve lives is an incredible value proposition. Through IDGC and partners, we aim to be at the forefront of that innovation.”

Entrepreneurship is in our DNA. Anyone can make it happen in America. It’s possible for anyone who is visionary and driven to compete and grow in today’s economy, adds Adrian Dalsey, Liberty Capital Group CEO.

With the potential of the IoT and Liberty Capital’s business funding expertise, this acquisition places IDGC at the forefront of emerging technology, giving the business an exceptional opportunity to shape new thinking on smart cities and the connected world.