Backed by Activa Capital since 2012, call centre operator Armatis has expanded into Portugal with the acquisition of rival group Contact.
According to Activa, the deal, for which no extra equity was injected, follows several months of negotiations and is the fourth acquisition completed by Armatis this year, in line with the GP's buy-and-build...
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As part of the deal, the GP will acquire a majority stake in the Italian coffee machien maker
Deal marks Riverside's fifth buyout this year and its first in Germany in 2016
Latest round brings total funding received by company to €13.5m