Two Bahrain investment firms acquired Florida software firm PRO Unlimited
Two Bahrain investment firms, Mumtalakat and Investcorp, have acquired Florida-based workforce software and services firm PRO Unlimited.
Headquartered in Boca Raton Florida and founded in 1991, PRO Unlimited delivers a full range of software services to address procurement, management and compliance issues and operates in 52 countries with 600 employees. Mumtalakat holds stakes in 38 firms, with a portfolio value of approximately U.S. $7.2 billion. Investcorp has $11.4 billion in total assets under management.
Bahrain's Mumtalakat and Investcorp are listed in the Middle East Investors Directory with the code SIN22 and BD43 respectively.
More details follows
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