Considering the current rate of people in debt, and no creditors in place, wouldn’t it be cool to invest in a company that manages processes like a “process by which debtors negotiate a repayment plan with their creditors in order to avoid bankruptcy”?
That’s what Bahrain-based Investcorp Technology Partners, private equity investors in small and medium-sized technology businesses, just did by acquiring a 40% equity stake in TDX Group, (the UK's provider of analytics-based consumer debt management services) for $42 million.
(Lesson for other Middle East private equity firms: Great investors don’t shy away from investing … even in bad times)
Previous Post: Private equity investment in the Middle East to increase - significantly!
Next Post: National Bank of Abu Dhabi and UK Private Equity Group Launching a Fund