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Announced

ServiceMax to acquire LiquidFrameworks from Luminate Capital Partners for £105m.

Financials

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Transaction Value£104m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United States

Private

Acquisition

mobile operator

Single Bidder

Domestic

Friendly

Management Consulting

Pending

management solutions

Majority

Synopsis

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ServiceMax, a mobile apps and cloud-based software provider, agreed to acquire LiquidFrameworks, a provider of cloud-based, mobile field operations management solutions, from Luminate Capital Partners, a private equity firm investing in growth and enterprise software companies, for £105m. "We are proud of LiquidFrameworks' growth and development over the course of our investment partnership, as the company delivered a differentiated, mission-critical SaaS offering that helped customers in the oil, gas, and industrial services industry react quickly and efficiently navigate the digital transformation journey," Hollie Haynes, Luminate Managing Partner.

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