Investcorp seals Veritext sale to U.S. firm

Mubasher: Investcorp announced on Monday that it has completed the sale of Veritext Holdings to the US private equity firm Pamplona Capital Management, according to a bourse statement.

Since acquired by the Bahraini provider and manager of alternative investment products, U.S. Veritext completed 16 acquisitions and expanded its presence to two new markets. 

“When Investcorp acquired Veritext in 2010, we knew the company had the potential for growth in the litigation services market,” said Co-CEO at Investcorp Mohammed Al-Shroogi. 

Mubasher Contribution Time: 01-Feb-2016 08:16 (GMT)