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New Deal


Announced

Completed

OceanSound completed the investment in DMI.

Financials

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

Tags

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United States

Private

Friendly

enterprise services

Productivity Software

Acquisition

Private Equity

Minority

Single Bidder

Completed

Software

Domestic

Synopsis

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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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