Audax Private Equity Announces the Acquisition of Mobileum

Audax Private Equity (“Audax”) announced it has completed its 100th platform acquisition by partnering with management to acquire Mobileum, Inc. (“Mobileum”). Terms of the transaction were not disclosed.Headquartered in Santa Clara, California, Mobileum is a leading provider of mobile telecom roaming and analytics software. Since its founding in 2001, Mobileum has been a key partner to over 600 mobile operator networks across 170 countries. Mobileum provides products including Voice and Data Roaming, Fraud Analytics, Data Monetization, Analytics for Customer Experience, and Service Performance Measurement & Assurance, which allow operator networks to deliver a superior customer experience and grow revenue.