Dubai private equity firm invests $7 million in a technology group

Delta Partners, the Dubai-based advisory and investment firm, has just invested $7 million in the technology group Vox Spectrum.

The investment has been done through their $80 million fund, (Delta Partners MENA Telecom Fund), a fund focused on investments in telecommunications, media and technology in emerging markets.

The investment in Vox Spectrum is the fifth completed by Delta Partners MENA Telecom Fund. In December last year, Delta Partners has co-invested with the Abu Dhabi Investment Company in the acquisition of Orasinvest. They also co-invested along with Virgin Group in Trivon AG, a provider of fixed wireless internet access in Russia. (More details on the deal here).

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