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GI Partners acquires wireless network solutions provider

San Francisco-based private investment firm GI Partners LLC acquired Single Digits Inc., a managed wireless network solutions provider, for an undisclosed sum.

Single Digits represents the sixth platform investment in GI Partners Fund V, a $2.8 billion private equity fund raised in 2017, according to a Jan. 3 news release. As part of the transaction, growth equity firm Bregal Sagemount will exit its investment in Single Digits.

Paul Hastings LLP acted as legal counsel to GI Partners, while SunTrust Robinson Humphrey Inc. provided financial advice and Goodwin Procter LLP provided legal advice to Single Digits.