Announced
Completed
Financials
Sources
Tags
United States
Private
Friendly
enterprise services
Productivity Software
Acquisition
Private Equity
Minority
Single Bidder
Completed
Software
Domestic
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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