Carlyle Group Sells SmartTrust
The Carlyle Group has sold SmartTrust, a Swedish provider of mobile device management and SIM management software, to Giesecke & Devrient. No financial terms were disclosed. Carlyle acquired a majority stake in SmartTrust in October 2002, via its Carlyle Europe Venture Partners fund. Syndicate partners included General Electric and Eqvitec Technology Fund.
23 April 2009•3 mins read
