M&A Deal Summary

UST Acquires MobileComm

On August 29, 2023, UST acquired communications company MobileComm

Acquisition Highlights
  • This is UST’s 1st transaction in the Communications sector.
  • This is UST’s 9th transaction in the United States.
  • This is UST’s 1st transaction in Texas.

M&A Deal Summary

Date 2023-08-29
Target MobileComm
Sector Communications
Buyer(s) UST
Deal Type Add-on Acquisition

Target

MobileComm

Richardson, Texas, United States
MobileComm deploys and modernizes wireless networks, heightening performance standards, constructing Private cellular networks, and executing Open RAN solutions. The company's expertise empowers network operators to craft exceptional customer experiences. MobileComm is based in Richardson, Texas.

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Buyer(S) 1

Buyer

UST

Aliso Viejo, California, United States

Category Company
Founded 1999
Sector Information Technology
Employees3,500
DESCRIPTION

UST offers digital technology solutions to Fortune 500 companies across various geographies. The company caters to technology and innovation requirements of multinational corporations providing end-to-end solutions including digital customer engagement, data analytics, cloud consulting, product engineering, automation and cybersecurity solutions. UST was founded in 1999 and is based in Aliso Viejo, California.


DEAL STATS #
Overall 15 of 19
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 15 of 18
State (Texas) 1 of 1
Country (United States) 9 of 11
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-31 Prodigy Labs

Toronto, Ontario, Canada

Prodigy Labs accelerates digital transformation for enterprises with best-in-class services. The company's services are vast and include everything from advisory to delivery services and all the services in between. Prodigy Labs was formed in 2014 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-21 Leonardo Consulting

Brisbane, Australia

Leonardo is a process transformation company, driving intelligent end-to-end process improvement through technology. Help clients rebuild their processes for the digital age by combining process-centric strategic thinking with the rigour and precision of enabling technologies that support their transformation. Leonardo was founded in 1999 and is based in Brisbane, Australia.

Buy -