Validas® Secures Investment from Huntsman Gay Global Capital
Summary
Wireless industry veteran Ronald Garriques is joining Validas board as chairman to help accelerate the growth of the business. Garriques is the Chairman and CEO of Gee Holdings, a Huntsman Gay portfolio company focused on opportunities in wireless technology, mobility and consumer electronics. "Huntsman Gay understands the power of our platform, and their investment not only provides confirmation of our world-class and differentiated technology and processes, but it also helps us scale our operations." "We partnered with Validas because of the companys proven ability to unlock billions of mobile data points trapped in the wireless bill, allowing companies and carriers to react, connect, save and grow smarter," said NFL Hall of Fame quarterback Steve Young, a Managing Partner of Huntsman Gay Global Capital. Co-founded by Jon M. Huntsman, one of the worlds leading industrialists, and Robert C. Gay, a former managing director of Bain Capital, the firm focuses on middle market leveraged buyouts and growth equity investments.
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