Investcorp to acquire Unilog.

Investcorp, a provider of investment services, agreed to acquire Unilog, a company that offers information technology consulting, engineering, training, and systems integration services. Financial terms were not disclosed. “Unilog presents an attractive opportunity, as there is a growing market for e-commerce, with Covid-19 accelerating the pace of digital adoption. Unilog has a proven management team that has demonstrated strong business fundamentals and is therefore, well-positioned to benefit from this megatrend. Investcorp has rich experience of investing in the B2B digital commerce software sector, with professionals that bring over 15 years of combined institutional knowledge in the segment. We look forward to supporting the company in its growth and expansion journey," Mohamed Al Sada, Investcorp Head of Bahrain and Kuwait.