Morgan Lewis, Khaitan & Co advise Cambridge Mobile Telematics on securing $350 million from TPG, Allianz X

M&A / JV 5 Aug 2026· $350 mn · Announced· ◔ Reported

Cambridge Mobile Telematics (CMT) has secured $350 million from a strategic investment led by TPG and Allianz X, with participation from State Farm. Morgan Lewis advised CMT on this transaction. The transaction team consisted of Doug Kingston (Partner), Andrew Hamilton (Partner), Charles Condro (Associate) and Maha Ouni (Associate). Khaitan & Co advised CMT on the Indian law aspects of the transaction, involving incentive plans for Indian employees.

CounselKhaitan & Co
SectorInfrastructure
Value$350 mn

Sources

Open in the live tracker →

Related deals