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New Deal


Announced

Completed

Weatherford Capital led a $22.5m Series A round in SOMA Global.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Private

Domestic

Friendly

Venture Capital

Minority

Single Bidder

Private Equity

public safety solutions

Acquisition

cloud solutions

United States

Completed

Synopsis

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Weatherford Capital, a family-owned private investment firm, led a $22.5m Series A round in SOMA Global, a provider of cloud-native, modern public safety solutions focused on the public sector. "We are delighted to complete this investment in SOMA Global, Weatherford Capital’s third government technology investment in three years. The law enforcement sector has an immense need to adopt modern, cloud-based technologies to help create more efficient and effective outcomes for first responders and the communities they serve. The SOMA Global platform is adding significant value to its law enforcement partners by bringing their mission critical technology functions into the cloud," Will Weatherford, Weatherford Capital Managing Partner.

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