About the Client
Since its founding in 2000, PocketMobile has become a leading European provider of enterprise mobile workforce solutions for international customers in the areas of postal service and logistics, security, and field service. PocketMobile’s PreCom platform is a scalable, enterprise mobility platform for companies with a large mobile work force. PocketMobile’s partner network includes more than 150 certified developers and system integrators, and the PreCom platform is used in more than 25 countries. PocketMobile has offices in Stockholm, Gothenburg and Copenhagen and a development office on Sri Lanka.
About the Deal
GP Bullhound acted as exclusive financial adviser to PocketMobile, the leading European provider of enterprise mobile workforce solutions, on its sale to Trimble (NasdaqGS:TRMB).
Anders Tormod, General Manager of PocketMobile commented: “We are very excited to join Trimble. We share Trimble’s vision of leveraging mobile technologies to solve our customer’s challenges across a number of industries. GP Bullhound has been instrumental in making this deal possible through their deep advisory experience, sector expertise and global network.”
John Cameron, General Manager of Trimble’s Field Service Management Division commented: “Field-to-office mobility has become one of the most strategically important components of an organization’s operational structure with a mobile workforce. PocketMobile’s strong position and proven expertise in mobile enterprise solutions can further expand our reach into new verticals and accelerate our development in the field-to-office mobility market.”
Per Roman, Managing Partner of GP Bullhound commented: “The acquisition of PocketMobile by Trimble is another testament to the superior quality enterprise software businesses being founded and built in the Nordics. The management and founders of PocketMobile have done a tremendous job building a true next generation leader in mobile workforce solutions. I am also pleased that we could bring GP Bullhound’s deep network of software buyers to bear in this successful process.”