Announced
Financials
Tags
Private Equity
United States
Private
Acquisition
mobile operator
Single Bidder
Domestic
Friendly
Management Consulting
Pending
management solutions
Majority
Synopsis
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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