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Announced

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OceanSound completed the investment in DMI.

Synopsis

OceanSound, a middle-market private equity firm, completed the investment in Digital Management Holdings, a provider of mobile enterprise services. Financial terms were not disclosed. “This investment underscores the prime position that DMI occupies in the market and is a tremendous validation of the Company’s long-term growth potential. This partnership will enable us to further serve our enterprise clients by allowing us to expand investments in our people while accelerating our market expansion and go-to-market initiatives," Sunny Bajaj, DMI Founder and CEO.

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