Quest Holdings announces the participation in Intelli Solutions, through its subsidiary Uni Systems S.M.S.A.
In the context of the agreement Uni Systems acquires 60% of Intelli Solutions to further support the current management's business plan. The transaction amount is €3.800.000 for the 60% of the company, consisting of both share buyout and capital raise. The total investment may reach €5.200.000 during the next two years, due to provisions for extra reimbursement of the old shareholders.
The current investment is estimated to contribute near €3.500.000 extra revenues to Quest Group, on an annual basis, at an EBITDA margin of near 30%.
Intelli Solutions is an innovative software services company, with a more than 15 years successful history in the market, many successes and a footprint on both Greece and SE Europe. It is specialized in digital transformation services, emphasizing on Customer Engagement, Customer Onboarding and Retention and Revenue Assurance. The company has a broad clientele in Telecom, Banking and Insurance sectors, Utilities and Online Betting.
Quest Holdings SA published this content on 23 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 July 2021 14:27:05 UTC.