Hong-Kong based private equity firm NewQuest Capital Partners has acquired Integreon, a provider of legal, document, business and research outsourcing, from LiveIt Investments and Actis.
Financial terms of the deal have not been released.
Amit Gupta, partner and chief operating officer at NewQuest, says: “The Integreon transaction is an exciting opportunity to invest in a global leader with attractive growth prospects. Over the past few years, the business has achieved an exceptional market position and is poised to take advantage of its long-standing strong client relationships, its global delivery platforms, and deep experience in working with professional clientele. Integreon fits with NewQuest’s strategy of investing in world-class companies where significant growth can be achieved with additional investments. We look forward to working with the management team to support the business in its next phase of its growth and development."
Robert Gogel, chief executive officer of Integreon, adds: "Companies and law firms around the world are increasingly recognising the value of outsourcing of non-core services. We look forward to working with NewQuest to continue growing Integreon's worldwide presence."
