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
Related deals
Valmiermuižas Alus has been acquired by Cēsu Alus
Valmiermuižas Alus has been acquired by Cēsu Alus AS through the purchase of 100% of its shares. The transaction enabled the founder’s exit and strengthened the company’s platform for continued growth within a consolidating Baltic beverage market.
Learn moreArmira has signed an agreement to acquire a majority stake in Viabus
Armira, a Germany-based investment firm, has signed an agreement to acquire a majority stake in Viabus, a leading Dutch tour operator focused on senior and young senior travelers.
Learn moreCapsol has been acquired by Angus Capital
Capsol has been acquired by Angus Capital as part of its strategy to build a leading construction services group alongside other portfolio companies. This partnership marks a new phase of growth for Capsol, providing the platform, resources and strategic support needed to accelerate its development and expand its market presence.
Learn more