Brightstar Capital Partners Completes Acquisition of Brightstar Corp., a Leading Global Provider of Mobile Device Lifecycle Management Services; SoftBank Group Corp. Retains Minority Stake in Brightstar Corp.
Brightstar Capital Partners ("BCP"), a private equity firm focused on partnering with founders, entrepreneurs and management teams, announced today the completion of the previously announced acquisition of a majority stake inBrightstar Corp. ("Brightstar" or the "Company"), in partnership with the Company's senior management team. An affiliate of SoftBank Group Corp. ("SoftBank"), the Company's prior owner, will retain a minority stake in the Company.
"This is an...