Announced
Financials
Sources
Tags
Friendly
Business Process Outsourcing
Acquisition
Private
Single Bidder
project management services
Private Equity
Iceland
Synopsis
Diversis Capital acquired Tempo, a leader in productivity-enhancing project management solutions, from Origo, a long-established, publicly listed Nordic IT services and solutions provider with offices in Iceland and Sweden. Origo, will retain a 45% stake in Tempo. Financial terms were not disclosed. Diversis plans to invest in Tempo and accelerate growth of the company in cooperation with the previous owner Origo. Tempo’s immediate focus will be international growth, continued investment in R&D, improved customer service and additional product diversification.
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