Alternative investment firm HIG Capital (HIG), through an affiliate of HIG Technology Partners (HTP), is making an investment in Mobileum Inc (Mobileum), a global provider of telecom analytics solutions to help accelerate technology investments and growth enabled by the roll-out of 5G technologies and private networks across the world.
Alternative investment firm HIG Capital (HIG), through an affiliate of HIG Technology Partners (HTP), is making an investment in Mobileum Inc (Mobileum), a global provider of telecom analytics solutions to help accelerate technology investments and growth enabled by the roll-out of 5G technologies and private networks across the world.
Following the transaction, HIG will be the majority owner of Mobileum alongside previous owner Audax, which will retain a minority stake.
Terms of the transaction, which is subject to customary closing conditions and required regulatory approvals, have not been disclosed.