Periscope Equity completed the acquisition of Mobile Solutions Services, a software-based provider of full life-cycle Managed Mobility Services for enterprises, from Clovis Point Capital. Financial terms were not disclosed. "Clovis Point has served as a true value-add partner, and we have thoroughly enjoyed building the Company alongside them. Their experience scaling early-stage software businesses proved to be invaluable as we developed and launched new products, revamped the go-to-market strategy and ultimately grew our platform to achieve a successful outcome for all of those involved," Jim Johnson, Mobile Solutions CEO.