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Announced

Abris Capital Partners to invest in Global Technical Group.

Synopsis

Private equity firm Abris Capital Partners agreed to invest in Global Technical Group, the end-to-end building management solution provider in Romania. Financial terms were not disclosed. "Global Technical Group is an excellent platform that is setting the standard for building management solutions. In partnership with the talented management team, we see numerous opportunities to use its comprehensive knowhow to further expand the digital services and provide clients with the most progressive Internet of Things solutions," Adrian Stanculescu, Abris Capital Partners Investment Director.

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