YFM Equity Partners invests in PowerOasis

YFM was joined by existing investors including Oxford Capital Partners, MTI Partners, OCP Angels and a number of private investors.

The investment will help to accelerate PowerOasis' plans in the $3bn power solutions market for mobile telecoms companies. It will primarily be used for accelerating sales and product development.

Company
Founded in 2007, PowerOasis offers power management and energy efficiency solutions for wireless operators. It has developed a wireless network power management platform that remotely monitors, controls and manages the supply of power to base stations sites that lack a reliable electricity grid in the Middle East and Africa and where diesel generators have historically been the primarily power source.

People
Julian Dennard, Bristol-based investment director at YFM Equity Partners, and Paul Cannings, director in the London office, worked on the deal.

Advisers
Equity - RSM Tenon (Financial due diligence); Osborne Clarke (Legal).

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