Announced
Completed
Financials
Tags
United States
Digital Services
public safety solutions
cloud solutions
Acquisition
Domestic
Private
Private Equity
Majority
Completed
Friendly
Single Bidder
Synopsis
Greater Sum Ventures, a private equity firm, completed the majority investment in SOMA Global, a trailblazer in cloud-native public safety software solutions. Financial terms were not disclosed. “We are at the cusp of a new era in public safety solutions. This transaction, along with GSV’s acquisition of Utility, illustrates our shared commitment to advancing public safety technology. Our combined strengths, resources, and expertise set the stage for unprecedented innovation and service excellence. I look forward to working with this team to redefine what’s possible in serving our communities,” Chris Maloney, SOMA Global CEO.
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