Funds advised by Deutsche Beteiligungs AG have, together with Five Arrows, the alternative assets arm of Rothschild & Co, acquired UK company Totalmobile Limited from Bowmark Capital.
The transaction is expected to be completed during the first quarter of 2026, subject to approval by the authorities.
Totalmobile was established in Belfast, UK, in 1985 and is a leader in field services management software.
Jannick Hunecke, member of the Board of Management, Deutsche Beteiligungs AG, said: "Working closely together with Totalmobile's management team and Five Arrows, we will continue to expand Totalmobile's leading position for intelligent, connected software solutions. Following our investment in MAIT, a leading digital transformation partner for mid-market companies, this transaction is set to further expand our exposure to IT services and software. This reflects an investment logic that is firmly rooted in scaling, product depth and resilient business models."
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