Pemberton is proud to have partnered with Advent International on the successful completion of its public tender offer for u-blox Holding AG, one of the leading global providers of positioning and wireless communication technologies.
Headquartered in Switzerland, u-blox designs and supplies high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. u-blox serves more than 10,000 customers worldwide.
Under Advent’s ownership, the company aims to strengthen its market position, accelerate growth, and capture rising demand across automotive and industrial end-markets, as well as adjacent sectors. This transaction also builds on our long-standing relationship with Advent, a valued sponsor and partner for Pemberton.
We’re pleased to support Advent International and u-blox in this next stage of growth. Operating in a large, innovation-driven market, u-blox looks well positioned to benefit from Advent’s global network and sector expertise.
Cassandra Fahy, Managing Director, Co-Head of Origination UK
