ARQIS advises the management of Totalmobile Limited on its sale to Five Arrows and DBAG

10. March 2026

ARQIS advised the management of UK-based Totalmobile Limited, a leading provider of field service management software, on a management reinvestment in connection with the acquisition of Totalmobile by Five Arrows and funds managed by Deutsche Beteiligungs AG (DBAG). The exiting private equity seller of Totalmobile is Bowmark Capital.

Founded in Belfast in 1985, Totalmobile Limited is a leading global provider of field service management software. By offering a cloud-based, field-first platform, Totalmobile enables process optimization and increased efficiency for its customers.

Deutsche Beteiligungs AG invests in well-positioned companies with growth potential in the SME sector, mainly in the DACH region. The assets managed and advised by DBAG amount to around €2.6 billion.

Five Arrows, the alternative investments division of Rothschild & Co, manages assets of €31 billion worldwide. Five Arrows' corporate private equity business focuses on investments in medium-sized companies with strong market positions in the data and software, technology-enabled business services, and healthcare sectors.

An ARQIS team headed by partner Dr. Mirjam Boche advised the management of Totalmobile Group on this transaction. The advice included the negotiation and implementation of a management participation program together with the British law firm Mishcon de Reya, which consulted ARQIS on matters of German law and had the lead in the negotiations.

Advisors to Totalmobile Management

ARQIS (Dusseldorf): Dr. Mirjam Boche (Lead Partner, Transactions), Dr. Maximilian Backhaus (Counsel, Transactions), Jens Knipping (Counsel, Tax)

Mishcon de Reya LLP (London): Kevin McCarthy, James Paterson (Partner, both Transactions), Karine Bashardust (Managing Associate, Transactions), Eve Drysdale (Associate, Corporate Tax)