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

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.