Extract from September 01, 2016 08:43 PM EDT, Press Release
NEW YORK–(BUSINESS WIRE)–Hong-Kong based private equity firm NewQuest Capital Partners (“NewQuest”) has acquired Integreon, Inc. (“Integreon” or “the “Company”), a global market leader in legal, document, business and research outsourcing, from LiveIt Investments Limited and Actis. The Company was acquired for an undisclosed amount.
Commenting on today’s announcement, Amit Gupta, Partner and COO at NewQuest, said: “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, added: “Companies and law firms around the world are increasingly recognizing the value of outsourcing of non-core services. We look forward to working with NewQuest to continue growing Integreon’s worldwide presence.”
Integreon is a trusted, global provider of award-winning legal, document, business and research support (aka Grail Research) solutions to leading law firms, corporate legal departments, corporate marketing and strategy groups, financial institutions and professional services firms. Around the globe, Integreon’s 2,400 Associates support more than 250 clients in areas such as market and competitive intelligence, discovery, legal process outsourcing (LPO), operating model transformation and back office redesign. Integreon also excels in business support services such as IT, document processing, finance and HR. With its unrivalled outsourcing experience and industry-leading onshore and offshore capabilities, clients increasingly rely on Integreon to provide value-added solutions that meet their needs in a demanding business environment. Integreon has won more than 50 industry awards in recent years and supports its global client base from 14 delivery centers across the US, UK, India, China, Philippines and South Africa.
Established in 2011, NewQuest is Asia’s leading secondaries private equity platform. The firm specializes in providing bespoke liquidity alternatives to private equity investors with investments in emerging Asia, particularly China, India and South East Asia. Over the past five years, NewQuest has raised three funds with aggregate capital commitments of over US$1.25 billion, having acquired positions in over 40 companies. For more information, please visit www.nqcap.com.