- Sector: Application Software
- Deal Type: Private Equity Deals; Strategic Deals
- Engagement type: Sellside
- Size: <$200m
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to TOMIA, an innovator and leader in global connectivity monetisation solutions, on its sale to Lumine Group, a division of Volaris Group. Focused on the communications and media vertical, Volaris Group is an operating group of Constellation Software (TSX: CSU).
Headquartered in London, TOMIA is an international software provider optimising and orchestrating critical inter-carrier business processes including data and financial clearing, network roaming, real-time campaign management and interconnect solutions. With over 400 deployments worldwide, the company provides a unified view of the end-to-end connectivity process, margins and customer journey by processing billions of real-time transactions monthly.
TOMIA will operate as an autonomous business within Lumine Group building upon its heritage of success and focusing on growth driven by the market evolution towards 5G, IoT and cloud technologies.
This transaction underscores Arma Partners’ expertise in telecommunication software and track record of successfully orchestrating transatlantic transactions with North American strategic buyers.