Hong Kong-based private equity firm NewQuest Capital Partners has acquired Integreon, Inc., a legal, document, business and research outsourcing firm, from LiveIt Investments Limited and Actis, the firm announced.
Financial details were not disclosed.
"Integreon fits with NewQuest’s strategy of investing in world-class companies where significant growth can be achieved with additional investments," says Amit Gupta, partner and chief operating officer at NewQuest.
In 2010, Actis invested US$50 million to acquire a 30% stake in Integreon. Filipino conglomerate Ayala Corporation initially invested in Integreon in 2006 through LiveIt Investments, its business process outsourcing holding company, and held a majority stak...
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