Despite a slow start to the year, a more optimistic economic and business outlook is expected to boost transaction activity for the rest of 2013, according to the latest unquote” Regional Mid-market Barometer, published in association with LDC.
GP takes a minority stake in the IT service, while the management team remain on board
Existing investors E.Ventures and Heartcore also participate in the funding round
Transaction involves four remaining assets, including Genesys, eDreams and Asia Broadcast Satellite
Existing investors Velocity Capital, Industrifonden and Frumtak also participate