DC Advisory* acted as exclusive financial advisor to Digital Management, Inc. (“DMI”) on its acquisition of Lochbridge, a market leader in Internet of Things (“IoT”) solutions. DMI is a global leader in end-to-end mobility solutions with expertise in mobile strategy, UX, web and application development, omni-channel commerce, brand and marketing, big data management and analytics, and secure device and application management.
Created in 2014 through its spin-off from Compuware and based in Detroit, MI, Lochbridge is a leading provider of IoT solutions to the automotive, healthcare, financial services and manufacturing sectors. The transaction solidifies DMI’s position as a leader in mobility solutions by expanding the company’s offerings in both the IoT and connected car markets.
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