Five Arrows and Deutsche Beteiligungs completed an investment in Totalmobile.

Five Arrows, an investment management firm, and Deutsche Beteiligungs, a publicly-traded holding company, completed an investment in Totalmobile, a technology company. Financial terms were not disclosed. “This investment from Five Arrows and DBAG marks the start of an exciting new chapter for Totalmobile. We have made huge strides but there is still so much to do; this investment is an endorsement of our mission to transform the lives and work of those in Field Services and gives us the impetus to continue transforming how field services are delivered globally. We now have the opportunity to establish ourselves as the true global leader in field service management software, built on two key pillars: first, the commitment, engagement, and belief of our customers and partners and second, the drive and talent of our team, who are the foundation of everything that we do,” Phil Race, Totalmobile Chief Executive Officer.