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Announced

Completed

Siris led a $100m round in Mavenir.

Financials

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Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Single Bidder

Private Equity

Minority

Software

United States

software based mobile networking solutions

Private

Completed

Acquisition

Domestic

Venture Capital

Synopsis

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Siris, a technology focused private equity firm, led a $100m round in Mavenir, a telecommunications software company. “This new capital will allow us to accelerate our capabilities in automation, sustainability, and use of AI as we enable our customers to efficiently deploy and operate Open RAN based end-to-end cloud-native networks. Our unique strategy incorporates best practices from the hyperscale, cloud and IT industries, to transform how the world connects and builds the future of networks," Pardeep Kohli, Mavenir President and CEO.

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