Market Data Services Limited has been sold to Sumeru Equity Partners
The shareholders of Market Data Services Limited (MDSL) have sold the company to Sumeru Equity Partners (SEP) which have combined the business with another TEM provider, Telesoft.
Established in 1995, MDSL is a leader in Technology Expense Management (TEM). With operations in the UK, USA, Europe and Asia, MDSL partners with enterprises to provide clarity, control, compliance and cost savings across their global technology estates. MDSL prides itself on its outstanding customer service, advanced software platform and unique global capabilities, providing a unified expense management SaaS platform encompassing categories such as telecoms, cloud services, the Internet of Things and financial market data alongside associated managed and professional services.
SEP is a technology-focused, middle-market private equity firm founded in 2014 by an experienced group of investors and operators from Silver Lake Sumeru, a US$1.1 billion fund started in 2007 within Silver Lake.
Oaklins Smith & Williamson, based in the UK, acted as lead advisor to the shareholders of MDSL to conduct an international search for a strategic partner to support the company's continuing growth and to strengthen its position as global TEM leader.
Talk to the deal team
Brian Livingston
Oaklins Evelyn Partners
Related deals
Danish leader in access control systems has been sold to Vækst-Invest
Unitek, a leading provider of innovative access control systems in Denmark, has been acquired by the Danish private equity firm Vækst-Invest to drive its growth and expansion.
Learn morePropper Daley has been acquired by Bully Pulpit International
Greg Propper’s social impact agency, Propper Daley, has been acquired by strategic communications and public affairs firm Bully Pulpit International (BPI), a portfolio company of Broad Sky Partners. Propper Daley will immediately transition to the BPI brand, with its team of 25 integrating into BPI’s US organizational structure. The agency’s entertainment philanthropy practice will continue to operate independently.
Learn moreCSI DMC has merged with 360 Destination Group
In a landmark move for the destination management industry, CSI DMC, a premier destination event management company, and 360 Destination Group (360DG), a leading national full-service destination management company (DMC), are merging to create one of the largest DMCs in the USA. The merger was facilitated through a strategic investment by H.I.G. Capital.
Learn more