- Sector: Industrial Tech
- Deal Type: Public Deals; Private Equity Deals
- Engagement type: Buyside
- Size: <$200m
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Investcorp on the acquisition of Ubisense’s SmartSpace business and the Ubisense brand, a leader in Industrial Internet of Things (IIoT) technology.
SmartSpace is an enterprise software and sensor platform that generates and interprets vast amounts of location data to create visibility of real-world objects and their interactions in real-time, enabling complex manufacturing processes with high levels of variability to be more flexible, easier to manage and easier to control. SmartSpace delivers a compelling value proposition for blue-chip customers across a number of verticals, including Aerospace, Commercial Vehicles, Passenger Vehicles, General Industry and Transportation.
With their expertise in working with fast-growing and data-driven businesses, Investcorp will support the company’s growth and expansion plans by investing in innovation and building on the attractive product offering and leading technology developed by the company.
This transaction highlights Arma Partners’ deep expertise in the Industrial Technology sector and track record of successfully navigating public company carve-out transactions.