Brightstar Capital completed the acquisition of a 75% stake in Brightstar from SoftBank.

Brightstar Capital Partners, a private equity firm, completed the acquisition a 75% stake in Brightstar, an end-to-end device lifecycle solution for carriers, retailers, and enterprise, managing mobile devices and accessories across the wireless ecosystem from SoftBank. Financial terms were not disclosed. "We are thrilled to start this next phase for Brightstar along with our partners at BCP. BCP brings knowledge of Brightstar and the industry that will allow us to accelerate our strategy of growing device protection, warranty, trade-in, and supply chain solutions. Our customers, partners and employees are excited about the possibilities with our new owners," Rod Millar, Brightstar CEO.