Tuesday, November 27, 2012
The Gores Group Buys UK Firm
Los Angeles-based private equity firm The Gores Group said yesterday that it has acquired DMN Ltd., a mobile communications network engineering support and staffing provider, based in Swindon, UK. Financial terms of the buy were not announced. The acquisition came via Gores' Small Capitalization Partners fund. Gores said that DMN provides engineering and project management services to the mobile communications industry in the UK.