Mercato Partners’ Traverse Fund Portfolio Company Cradlepoint Acquired for $1.1B

SALT LAKE CITY Sept. 18, 2020 /PRNewswire/ — Today, Ericsson, a global leader in Information and Communication Technology (ICT), announced its acquisition of Cradlepoint, a Mercato Partners Traverse Fund III portfolio company for $1.1B. This marks the second $1B -plus acquisition for a Mercato….