NewQuest Capital Partners acquires Integreon

Hong-Kong based private equity firm NewQuest Capital Partners has acquired major LPO player Integreon from LiveIt Investments and Actis for an undisclosed amount.

Integreon has 2,400 associates globally supporting over 250 clients in areas such as market and competitive intelligence, discovery, and legal process outsourcing and operating. The company also provides IT, document processing, financial and human resources services.

Emerging market investor Actis invested US$50 million to acquire a 30 per cent stake in Integreon in 2010, while Filipino conglomerate Ayala Corporation first invested in 2006 through its business process outsourcing holding company LiveIt Investments and held a majority stake.

Opportunity for ‘significant growth’

Established in 2011, NewQuest focuses on direct secondaries deals in Asia. Partner and COO Amit Gupta described the acquisition of Integreon as an ‘opportunity to invest in a global leader with attractive growth prospects.’ He added that Integreon fits with NewQuest’s strategy of investing in market leading companies where ‘significant growth’ can be achieved with additional investments. 

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