KKCG-backed Aricoma Group to acquire Musala Soft.

KKCG-backed Aricoma Group, a Central European IT services provider, agreed to acquire Musala Soft, a provider of high-end software engineering services. Financial terms were not disclosed. “We are eager to enter a new faster chapter of our development by joining forces with ARICOMA and KKCG. The synergy with both the overlapping and complementary client base and expertise of ARICOMA gives us confidence and fuels the exciting journey ahead. Of course, we will also keep and expand together our dedication to the development of the IT community, business climate, IT education, science, innovation, and inspiring young talent,” Elena Marinova, Musala Soft President and Chair of the Board.