Selected Investment and M&A Transactions
Mr. Thekkethala’s is the co-founder and Managing Partner of TOLIMA Partners. TOLIMA finances and mentors ground-breaking start-ups in next generation technologies like AI / Machine Learning, Blockchain and Cloud computing. Prior to TOLIMA, he was co-founder and Managing Partner of JT Ventures, which focused on investing and mentoring early-stage technology companies through their growth and successful acquisition.
Sixth Sense Media
Sixth Sense Media (SSM) created the industry’s leading real-time Analytics and Mobile Marketing solution for consumer engagement that drove new revenues for mobile operators. Thomas developed the company’s strategy and led its global business development, operations and growth. He led the secondary buyout transaction of Sicap AG’s Loyalty Business Unit and managed the company’s acquisition by Evolving Systems (EVOL) in 2015. SSM solutions engaged over 500 million subscribers at 25 mobile carriers worldwide. Customers included British Telecom, Swisscom, Vodafone, VimpelCom, RostelCom & KPN in Europe, Etisalat, Zain, INWI and Ooredoo in the Middle East and Africa and iDEA Cellular, Digi and Maxis in South and Southeast Asia.
- Evolving Systems Acquires Sixth Sense Media for Mobile Marketing Leadership
Sicap AGSicap AG was founded in Switzerland over 20 years as a spin-off from Swisscom. Sicap’s portfolio include solutions for mobile SIM and device management and loyalty and mobile marketing. Thomas developed the partnership with Sicap that led to Sense Media Media’s (SSM) acquisition of Sicap’s loyalty and mobile marketing business unit.
LumataLumata was a next generation provider of real-time loyalty and customer lifecycle management software and services. Lumata’s innovative solutions created longstanding relationships with many leading telecom operators Orange and Telefonica as well regional operators in Europe, Africa, the Caribbean, the Middle East and Asia. Thomas led the acquisition of the company from its primary investor Francisco Partners, a leading global private equity firm which specializes in investments in technology and technology-enabled businesses.
Business Logic Systems
Business Logic Systems (BLS) was a leading provider of data-driven subscriber value management and analytics solutions for communications service providers. BLS’ ability to effectively leverage granular subscriber data created impactful marketing campaigns that delivered measurably greater data revenue, improved loyalty and net promoter scores. Thomas led the acquisition of the company from its primary investor – Sir Peter Michael Investments.
- Telegraph Hill Advisors Serves as M&A Advisor to Business Logic Systems on its Sale to Evolving Systems