EPSA Groupe-backed Saaswedo completed the acquisition of a minority stake in CBI Telecommunications.

EPSA Groupe-backed Saaswedo completed the acquisition of a minority stake in CBI Telecommunications, a player in the technology expense management market. Financial terms were not disclosed. "This strategic announcement marks a central step in the internationalization policy of our activities. The United States is a particularly attractive reference market in which we will be investing heavily. The expertise of the CBI Telecommunications teams is a structuring element that will enable us to accelerate rapidly by relying on committed talent," Christian COR and Gilles MEZARI, Saaswedo Associate Directors.